币界网报道：SBI VC Trade, a Japanese cryptocurrency exchange under SBI Holdings, transferred 320 million XRP tokens (worth approximately $160 million) to an undisclosed wallet, sparking speculation about potential institutional moves or liquidity management. The transaction coincides with Japan's regulatory shift toward embracing digital assets, including plans to allow venture capital firms to invest directly in crypto startups. SBI Holdings, a major Ripple partner in Asia, has been actively involved in XRP-related services, such as cross-border payments. Market analysts suggest the transfer could signal preparations for new institutional products or compliance with upcoming regulatory changes in Japan's evolving crypto landscape. XRP's price remained stable following the large transfer.