SBI Holdings to Launch 10 Billion Yen On-Chain Digital Bond with XRP Rewards for Investors

Japanese financial giant SBI Holdings is pioneering a major blockchain integration in traditional finance. The company announced plans to issue a 10 billion yen (approximately $64 million) digital bond directly on a blockchain. A key innovative feature is that retail investors who purchase this bond will receive periodic rewards in XRP, the native cryptocurrency of the XRP Ledger. This move represents a significant step in tokenizing real-world assets (RWA) and bridges decentralized finance (DeFi) concepts with conventional investment products. By offering crypto rewards, SBI aims to attract a new demographic of investors and enhance liquidity in the digital asset space, potentially setting a precedent for future securities issuance in Japan and globally.