SBI Holdings launches 10 billion yen on-chain bonds with XRP rewards for investors

XRP-1,19%

ChainCatcher News: Japan’s financial giant SBI Holdings announced the issuance of on-chain bonds worth 10 billion yen (approximately $64.5 million USD) called “SBI START Bonds.” The bonds are targeted at retail investors and are issued, managed, and settled entirely on the blockchain platform “ibet for Fin.”

Qualified investors (those holding an SBI VC Trade account and investing over 100,000 yen) can receive XRP rewards equivalent to their investment amount at the time of issuance and on subsequent interest payment dates (until 2029). For every 100,000 yen invested, investors will receive XRP valued at 200 yen. The bonds have a three-year term, offer a fixed interest rate, and secondary trading will commence on March 25, 2026, on the Osaka Digital Exchange.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP Today News: Drops to a three-week low of $1.35, pressured by AI and tariff negative news

XRP closed down 2.95% on February 23, trading at $1.3522, hitting a three-week low, with the overall crypto market plunging 3.80%. Anthropic's Claude Code has sparked market concerns over AI disrupting tech stock profits; Trump immediately imposed an additional 10%–15% tariff globally following the Supreme Court ruling, adding dual pressure that dragged down the entire crypto asset sector.

MarketWhisper2h ago

XRP continues to face downward pressure as capital flows weaken, with open interest gradually stabilizing

Ripple (XRP) is trading around $1.40 despite recent market pressures. Investment inflow has significantly slowed, with only $3.5 million entering XRP products last week. In contrast, Bitcoin and Ethereum face capital withdrawals, indicating a cautious investor sentiment, though XRP shows stability in futures contracts.

TapChiBitcoin3h ago

$5,000 in XRP or Silver Today? ChatGPT’s Winner Might Surprise You

A simple question can reveal a lot about where markets stand today. If you had $5,000 right now, would you put it into XRP or silver? One represents digital finance and Ripple’s global payment vision. The other represents a centuries old store of value that just printed a historic run amid

CaptainAltcoin7h ago

The New Monetary Order: Why Capital Is Rotating Into Gold, XRP, and XLM

Veteran investor Versan, founder of Black Swan Capitalist, published a detailed thesis on X outlining what he calls the next phase of capital migration. His argument is related to the structural change in how money moves and where value seeks protection during periods of monetary debasement. B

CaptainAltcoin8h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)