XRP News: SBI Launches XRP-Backed Bonds, MVRV Turns Negative

Key Insights:

  • As per the latest XRP News, SBI Ripple Asia advances an XRP-linked bond structure, deepening institutional use of XRPL for issuance and settlement.
  • Santiment data shows XRP MVRV at -4.1%, indicating a slightly undervalued price.
  • Flare highlights dual institutional tracks: XRPL handles settlement, and programmable layers expand compliance-ready use cases.

In the latest XRP news, SBI Holdings has announced it is moving forward with an XRP-linked bond initiative, while fresh MVRV data shows major crypto assets trading below their average cost. At the same time, infrastructure players signal deeper institutional alignment around the XRP Ledger.

SBI XRP Bond and What It Means for XRP News

SBI Ripple Asia, the joint venture between SBI Holdings and Ripple Labs, is advancing a bond structure tied to XRP infrastructure. As detailed, the move reflects a steady effort to connect traditional finance with blockchain settlement systems built on the XRP Ledger.

Per the XRP news, the development follows a memorandum of understanding signed on February 20, 2026, between SBI Ripple Asia and Asia Web3 Alliance Japan. The agreement focuses on supporting startups building on the XRP Ledger.

Areas of support include regulatory compliance, proof-of-concept testing, system integration, security review, and scalability.

For observers tracking XRP News, the bond element carries weight because bonds remain a core instrument in global finance. Linking them to XRP rails suggests that blockchain networks are being tested beyond simple token transfers.

SBI Ripple Asia Launches XRP Bonds | Source: RippleXity
SBI Ripple Asia Launches XRP Bonds | Source: RippleXity

It signals that institutional players are exploring how issuance and settlement can move onto distributed systems.

Japan’s regulatory setting has helped shape this direction. The country has maintained a relatively clear framework for digital asset activity. That clarity reduces friction for financial groups experimenting with tokenized structures. The initiative also follows recent XRP Ledger developments outside Japan.

In Europe, a major bank launched a euro stablecoin on XRPL, reinforcing the idea that the ledger can support regulated financial instruments. These moves build a broader picture around XRP use in structured finance.

MVRV Flips Negative as Altcoins Show Pressure

While institutional headlines shape the XRP news, market data shows stress across major crypto assets.

According to figures shared by Santiment, the 30-day Market Value to Realized Value ratio has turned negative for several large-cap tokens. Ethereum stands at a negative 14.3%. Bitcoin shows a negative 6.9%. Chainlink is at a negative 5.1%. XRP records a negative 4.1%. Cardano posts a negative 2.0%.

MVRV compares the current market value of an asset with the average cost at which the asset last traded.

Crypto MVRV Reading | Source: Santiment
Crypto MVRV Reading | Source: Santiment

When the metric falls below zero, it suggests that the average holder is sitting at a loss. This often reflects broad market weakness rather than isolated project issues.

For XRP, the negative reading places it in a slightly undervalued range based on this measure. Historically, such periods have aligned with accumulation phases, though no metric guarantees a reversal.

The fact that several large assets share negative MVRV readings shows that pressure is market-wide. It also frames XRP news within a broader correction rather than a single-asset event. Investors are weighing institutional adoption signals against short-term price weakness.

XRP News: Price and XRPL Correlation

The relationship between XRP price and XRP Ledger activity remains a key focus. As of writing, XRP price was trading at $1.44, up by 2.4% in the last 24 hours.

XRPL is designed to efficiently handle issuance and settlement. It processes transfers and token creation at scale. However, it is worth noting that price movements often react first to broader market liquidity conditions.

Another layer is now entering the XRP news trend. Flare Networks recently outlined two institutional tracks that are converging. One involves institutions seeking to put XRP to work. The other involves traditional institutions bringing tokenized assets on-chain.

According to Flare, the XRP Ledger handles issuance and settlement, while Flare provides a programmable execution environment. This includes smart contract functionality and privacy features designed to maintain regulatory compliance.

This layered structure matters as XRPL focuses on efficient asset movement. Flare positions itself as an added layer for programmable logic and structured applications. Essentially, they form an ecosystem where issuance, settlement, and conditional execution can operate side by side.

Source: https://www.thecoinrepublic.com/2026/02/23/xrp-news-sbi-launches-xrp-backed-bonds-mvrv-turns-negative/