SBI Holdings Launches ¥10B Onchain Bond Offering XRP Rewards in Japan

SBI Holdings has taken a significant step in the expansion of tokenized securities in Japan by launching a ¥10B onchain bond offering XRP rewards. The innovative product combines traditional fixed-income structure with digital asset incentives, targeting retail investors.

The bond, named SBI START Bonds, is issued and fully managed on chain using BOOSTSTRY's ibet for Fin platform. This enables blockchain-based settlement mechanisms for ownership records and transfers.

The bond includes fixed interest payments and XRP-based rewards, with an indicative annual rate ranging from 1.85% to 2.45%. The final coupon will be determined on March 10th, 2026. Interest payment will be made semi-annually on March 24th and September 24th.

Trading is expected to occur on Osaka Digital Exchange using the START system, with access restricted to domestic retail investors who qualify for it. Investors purchasing at least ¥100,000 are eligible for XRP bonus incentives, receiving a value of XRP equal to ¥200 for every ¥100,000 invested.