Tomoya Asakura, CEO of SBI Global Asset Management, recently made a bold statement calling XRP “the wealth transfer of our generation.” Given SBI’s role as one of Ripple’s biggest institutional backers in Asia, his words carry notable weight in the crypto landscape.
XRP has been rallying hard recently, pushing its price close to $3 and its market cap to nearly $170 billion — surpassing traditional stablecoins. Asakura expects adoption from financial institutions and banks to continue accelerating, and sees XRP’s utility extending far beyond speculative use. He pointed to Ripple’s RLUSD stablecoin, custodied by BNY Mellon, as evidence of XRP being embedded into next-gen cross-border payment infrastructure.
His comments come at a time when institutional interest in XRP is gathering momentum across Asia, especially in Japan where regulatory clarity is solid. Asakura emphasized the importance of regulatory certainty and robust infrastructure as foundations for XRP's mainstream adoption. In his view, XRP isn’t just a token—it’s an integral settlement layer in the emerging blockchain-driven financial ecosystem.
Those dismissing XRP as mere altcoin may be missing the bigger picture: institutional backing and real-world utility are converging. If adoption continues as projected, XRP could play a critical role in reshaping how generational wealth is moved and stored.