Japan’s SBI to Issue Blockchain-Based Bonds… Investors to Receive XRP as Rewards

Uk Jin

Summary

SBI Holdings said it will issue security tokens worth 10 billion yen through blockchain-based bonds.
The bonds will be sold to Japanese retail investors, and the entire process will be handled on blockchain infrastructure.
Investors will receive additional rewards in XRP corresponding to the amount upon subscription payment and on each interest payment date.

Japan’s financial conglomerate SBI Holdings has unveiled a product that issues blockchain-based bonds and rewards investors with XRP.

According to The Crypto Basic on the 21st (KST), SBI Holdings said it will issue security tokens worth 10 billion yen (about $64.5 million). The bonds will be sold to Japanese retail investors, with the entire process—issuance, registration and settlement—handled on blockchain infrastructure rather than via conventional securities settlement systems.

The bonds will be tokenized on-chain via the “ibet for Fin” platform developed by BOOSTRY, and distributed through the proprietary trading system “START” operated by the Osaka Digital Exchange. Secondary-market trading is scheduled to begin on March 25.

In particular, once payment of an investor’s subscription funds is confirmed, the fund will pay XRP corresponding to the amount. Additional rewards will also be provided on each interest payment date in March 2027, March 2028 and March 2029.

XRP