Ripple (XRP) is doing pretty well in the markets today. It is up 5.77% in the last 24 hours and is currently trading at $0.904. Hopefully, the coin that is behind the revolutionary change in international payment settlement services, will be able to maintain this value over the weekend. The other top two coins in the market, Bitcoin (BTC) and Ethereum (ETH) are also looking good with BTC doing 5.43% in gains and ETH 10.85%. They are trading at $9,711 and $797 respectively and at the moment of writing this.
It is with such trading action, that the CEO of SBI Holdings, Yoshitaka Kitao, believes that once the virtual currency platform from the company he steers is released in the Summer, that it will become number one in terms of trading. He is quoted as saying:
“When we do it, it will be number one in the blink of an eye so quickly, so even if a tremendous number of customers come, we can build a system that can bear We have to pursue safety thoroughly.”
Yoshitaka and SBI holdings are very much aware that the total cryptocurrency trade volume has halved since December levels. He is very much confident in terms of conquering the Japanese Cryptocurrency markets and doing it in a manner that is secure for its users. This is after the infamous Coincheck hack that left over $500 Million in Nem (XEM) stolen by hackers and had the Japanese regulators seeking for answers from Japanese exchanges.
Also to add, is that Yoshitaka Kitao has been very bullish about Ripple (XRP) since SBI Holdings announced its partnership with the project back in January 2016. SBI Holdings has been operational since 1999 and has been a pioneer of Internet-based financial services. No wonder it was one of the first to partner with Ripple. The company provides financial services in the categories of securities, banking, insurance and now, crypto currency trading with the release of the much anticipated SBI Virtual Currencies trading platform.
SBI Holdings and Yoshitaka Kitao have realized that crypto trading can be more profitable than regular banking.