SBI Holdings to Launch ¥10 Billion Bond with XRP Incentive
- SBI Holdings will issue a ¥10 billion retail bond on March 24, requiring a minimum investment of ¥10,000.
- Investors must invest at least ¥100,000 to receive an XRP reward of approximately ¥200 per ¥100,000 invested (a one-time rebate of about 0.2%).
- The bond matures in three years on March 23, with an indicative coupon range of between 1.85% and 2.45% per annum.
- Secondary trading will commence on March 25 on the Osaka Digital Exchange’s START platform.
- To qualify for the XRP perk, investors must open an account at SBI VC Trade and complete procedures by noon on May 11.
This bond issuance is positioned as a way to attract retail investors while integrating crypto incentives into traditional finance frameworks. The conditionality of the XRP reward aims to encourage long-term engagement with SBI’s exchange services.
With an indicative coupon exceeding Japan’s government bond yield of approximately 1.39%, this initiative highlights SBI’s strategy to leverage digital assets for customer acquisition and liquidity generation in regulated markets.
