How much is SBI Holdings investing in Evernorth alongside Ripple?
Company-reported Published Updated 1 min read
All updates for this question →
Short answer
SBI Holdings announced it would contribute $200 million in cash to Evernorth’s PIPE financing alongside Ripple, with the total raise expected to exceed $1 billion.
The full answer
What did SBI Group state?
On October 21, 2025, SBI Group stated the following. SBI Holdings announced it would contribute $200 million in cash to Evernorth’s PIPE financing alongside Ripple, with the total raise expected to exceed $1 billion. [1]
The source’s own words: “is expected to raise a total of over $1 Billion. SBI Group will contribute $200 Million in cash.” [1]
Where does this fit on the site?
For the wider picture, see What is Evernorth, who backs it, and how much XRP does it hold? and What does Evernorth’s Nasdaq listing change, and is it new buying of XRP?. Two related questions are What is Evernorth Holdings doing with Armada Acquisition Corp. II and Ripple Labs for an XRP treasury? and Why did Ripple sign a business combination agreement with Armada Acquisition Corp. II and Evernorth?
What we know
- SBI Holdings announced it would contribute $200 million in cash to Evernorth’s PIPE financing alongside Ripple, with the total raise expected to exceed $1 billion (SBI Group, October 21, 2025).
In plain English
SBI Holdings announced it would contribute $200 million in cash to Evernorth’s PIPE financing alongside Ripple, with the total raise expected to exceed $1 billion.
Sources
- SBI Holdings news release (sbigroup.co.jp) — SBI Group, 2025-10-21 Primary
Update log
- — Published.
I keep this site free, with no ads, paywall or affiliate links; gifts cover hosting and research time. Support the project, or report an error.