Ripple says it has secured a banking license, citing a valuation of about $120B and roughly 40B XRP held at around $3 per token

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Reports that Ripple has secured a banking license would be a major regulatory and strategic milestone, potentially broadening its addressable market beyond payments into regulated financial services. The disclosure that Ripple holds a large XRP balance could amplify market sensitivity to regulatory developments and corporate treasury dynamics. Claims about XRP Ledger supporting large-scale tokenization are speculative but may lift near-term narrative momentum around XRP-linked infrastructure.
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Ripple said it has officially secured a banking license and put its valuation at approximately $120B. The company said it holds an estimated 40B XRP on its balance sheet, valued at roughly $3 per XRP, or about $120B. The article adds that if XRP rises above $6, Ripple’s XRP holdings alone could exceed $240B in value and potentially place the company among the world’s top 10 banks by balance sheet. It also says the XRP Ledger could eventually support up to $650 trillion in tokenized assets.