Yoshitaka Kitao, a well-known supporter of Ripple and XRP, has been named as a candidate for the board of directors at Fuji Media Holdings.
Kitao has deep-rooted connections to Ripple through SBI Holdings, launching initiatives to spearhead the adoption of XRP across the Japanese banking sector.
Fuji Media Holdings has faced governance controversies, and Kitao's appointment may bring stability and potential innovation to the company.