SBI Holdings CEO leaves Ripple board of directors
There has been a significant change in Ripple 's board of directors. #Yoshitaka #Kitao, who is also CEO of Japanese financial giant #SBI Holdings, has been replaced by Adam Traidman. Although there is still no official statement from the company, the change is clearly visible on the board of directors page on the website.
SBI Holdings and company CEO Yoshitaka Kitao was known for his great support to #XRP and its community after the #SEC 's #lawsuit against #Ripple . Traidman, who will replace Kitao, does not seem to be back from him in this sense, because he is the CEO of SBI Ripple Asia, which was established with the partnership between Ripple and SBI. #Adam #Traidman is also the co-founder of #BRD, which also works with Ripple.
↘️The reason for leaving his post ...
While there is no clear statement about Kitao's leaving office, experts close to the community say he is entirely interested in the #Osaka #Digital #Exchange, which will connect Europe with Singapore and Japan, and has left other roles at SBI.
↘️What will Traidman do?
It is stated that Traidman will continue the missions of Kitao and there will be no change in Ripple policies, especially in Japan and Asia. SBI Ripple Asia, of which Traidman is the CEO, provides the link between RippleNet and the countries of Japan, South Korea and South Asia. In a statement made by the company in 2019, it was stated that the goal was to acquire 50 percent of the Ripple network.
↘️"Digital yuan big trouble"
In a speech he gave last year, Traidman stated that companies that do business with China in 5 years will have to work with digital yuan, and those who do not do this will not be able to do business with Chinese companies. Referring to the importance of Ripple in this regard, Traidman said, “If you do not have a digital yuan, you cannot do business with China. I'm not talking about the government, you can't do business with companies. That's why we try to connect digital assets with the digital yuan. "I think this is one of the biggest problems in the economy and people do not see this problem coming"
Alot of things are about to happen with Ripple after beating the SEC lawsuit against them!
Yes.lots of things will be happened 🚀
thats a lot
Isn't ODX a part of SBI Holdings?
This kind of swap was probably preparing for quite a long time, because SBI, in principle, did not change the CEO for a long time, although they love it. In business, sales are very important, but here they sank. I read in this blog that when B2B sales fall, and this is the main income of the company, then everyone blames the CEO, because the fish rots from the head!