The law, part of a budget plan passed by Illinois lawmakers, would put the 
burden of collecting a 0.2% tax on crypto transactions on a registered broker.

The law, part of a budget plan passed by Illinois lawmakers, would put the burden of collecting a 0.2% tax on crypto transactions on a registered broker.

Crypto tax in Illinois FY2027 budget is one step away from becoming law

Ripple’s possible public listing has returned to the conversation after SBI 
Holdings CEO Yoshitaka Kitao gave one of the clearest long-range timelines yet 
from a major Ripple shareholder. Yoshitaka Kitao, the CEO and President of 
SBI, one of Japan&#8217;s largest financial conglomerates, made remarks that have 
since resonated with members of the XRP community. Speaking about his long- 
term investment intentions, Kitao stated he is willing to pour in $626 million 
at the lower end and $1.25 billion at the upper end into Ripple when the 
payments technology company goes public. SBI CEO Says Ripple Needs To Go 
Public The question of whether Ripple Labs will ever trade on a public 
exchange has followed the company for years, although Ripple&#8217;s executives have 
been consistent in cooling expectations regarding an IPO. Related Reading: 
Ripple’s Move To Privacy: How A Re-organization Of The XRP Ledger Will Affect 
The Network While speaking at a recent conference in Tokyo, Japan, Kitao said 
that when Ripple Labs goes public, he plans to invest heavily in the company. 
According to his remarks, the company would be willing to put in ¥100 billion 
or even ¥200 billion at once to fully complete everything. Interestingly, the 
SBI Holdings CEO added that he believes Ripple will probably go public in 
about 12 years, while also saying that Ripple needs to go public. That 
timeline places the possible listing outside the current cycle, as it points 
to somewhere around 2038. The comment matters because Kitao is not a distant 
observer and not an XRP commentator trying to predict the next catalyst for an 
XRP price surge. SBI has been one of Ripple’s most consistent backers, and its 
relationship with the company stretches back to 2016. SBI invested in Ripple 
Labs and later co-founded SBI Ripple Asia, a joint venture focused on using 
Ripple’s technology for cross-border payment services in Asia. SBI has also 
publicly disclosed that it holds approximately 9% of Ripple Labs, making it 
one of the company’s largest external shareholders. The Firm Has Always 
Resisted The IPO Talk Comments regarding a Ripple IPO have followed the 
company for years, especially after its legal battle with the US Securities 
and Exchange Commission officially ended in 2025. Ripple has also grown as a 
company into custody, stablecoin infrastructure, real-world asset 
tokenization, and acquisitions. Related Reading: Here’s How XRP Is Making Its 
Next Major Push Into The Trillion-Dollar Wall Street However, Ripple 
executives have also noted that the company is not rushing into an IPO. For 
instance, Ripple CEO Brad Garlinghouse dismissed talks of an IPO last year, 
saying the company does not need outside funding. Ripple President Monica Long 
also said in January 2026 that Ripple still planned to stay private, 
explaining that the company’s balance sheet gives it enough room to keep 
growing without raising capital from public markets. This position also fits 
with Ripple’s recent private-market strength, as Ripple had raised $500 
million at a valuation of about $40 billion in late 2025. Featured image from 
Pxfuel, chart from Tradingview.com

Ripple’s possible public listing has returned to the conversation after SBI Holdings CEO Yoshitaka Kitao gave one of the clearest long-range timelines yet from a major Ripple shareholder. Yoshitaka Kitao, the CEO and President of SBI, one of Japan&#8217;s largest financial conglomerates, made remarks that have since resonated with members of the XRP community. Speaking &#8230;

Ripple IPO Is Not A Pipe Dream: Industry Expert Predicts When XRP Investors Should Expect Public Listing

Mira Murati&#8217;s AI vision could disrupt the AI landscape, challenging the 
dominance of major players and emphasizing human-AI collaboration.
The post Mira Murati resurfaces at Bloomberg Tech to unveil Thinking Machines 
Lab&#8217;s ambitious AI vision appeared first on Crypto Briefing.

Mira Murati&#8217;s AI vision could disrupt the AI landscape, challenging the dominance of major players and emphasizing human-AI collaboration. The post Mira Murati resurfaces at Bloomberg Tech to unveil Thinking Machines Lab&#8217;s ambitious AI vision appeared first on Crypto Briefing.

Mira Murati resurfaces at Bloomberg Tech to unveil Thinking Machines Lab’s ambitious AI vision

Decibel Trade&#8217;s onchain perpetual futures for major ETFs could revolutionize 
24/7 trading, impacting liquidity and risk management strategies.
The post Decibel Trade supports onchain perps for SPY, QQQ, and EWY appeared 
first on Crypto Briefing.

Decibel Trade&#8217;s onchain perpetual futures for major ETFs could revolutionize 24/7 trading, impacting liquidity and risk management strategies. The post Decibel Trade supports onchain perps for SPY, QQQ, and EWY appeared first on Crypto Briefing.

Decibel Trade supports onchain perps for SPY, QQQ, and EWY

XGLD&#8217;s launch could redefine gold investment by merging traditional value 
storage with DeFi yield, but it introduces new risk layers.
The post Unitas Labs launches yield-bearing gold asset XGLD on BNB Chain 
appeared first on Crypto Briefing.

XGLD&#8217;s launch could redefine gold investment by merging traditional value storage with DeFi yield, but it introduces new risk layers. The post Unitas Labs launches yield-bearing gold asset XGLD on BNB Chain appeared first on Crypto Briefing.

Unitas Labs launches yield-bearing gold asset XGLD on BNB Chain

The acquisition could reshape Southeast Asia&#8217;s asset management landscape, 
enhancing AllianzGI&#8217;s regional influence and setting valuation benchmarks.
The post Allianz Global Investors in talks to acquire UOB Asset Management for 
$467M appeared first on Crypto Briefing.

The acquisition could reshape Southeast Asia&#8217;s asset management landscape, enhancing AllianzGI&#8217;s regional influence and setting valuation benchmarks. The post Allianz Global Investors in talks to acquire UOB Asset Management for $467M appeared first on Crypto Briefing.