SBI Holdings Launches ¥10 Billion On-Chain Bonds with XRP Rewards
- SBI Holdings has introduced a ¥10 billion ($64.5 million) on-chain bond issuance in Japan.
- The bonds, known as “SBI Start Bonds,” are tokenized on the ibet for Fin platform.
- Investors receive XRP upon purchase clearance, with additional XRP benefits scheduled through to 2029.
- Trading of these security tokens will occur on Osaka Digital Exchange, starting March 25, 2026.
- Eligibility requires domestic residency and an account with SBI VC Trade to collect XRP benefits by mid-May.
This initiative by SBI Holdings represents a significant integration of digital assets into regulated financial products in Japan, potentially increasing demand for XRP. The product is aimed at Japanese retail investors and underscores the growing trend of mainstream financial institutions exploring blockchain technology for securities management.
The ¥10 billion issuance highlights the potential for other Japanese firms to consider similar moves in integrating digital assets within traditional financial frameworks. (Source)
