SBI Holdings Launches Blockchain Bond Offering with XRP Rewards

SBI Holdings, a major financial group in Japan, has introduced a blockchain-based bond offering that combines traditional fixed-income returns with cryptocurrency incentives. The move is part of the company's broader push to integrate crypto assets into traditional finance.

The new issuance, called SBI START Bonds, totals 10 billion yen (approximately $64.5 million) and will be recorded and managed onchain using the 'ibet for Fin' platform developed by enterprise blockchain firm BOOSTRY. The three-year securities carry an indicative annual yield ranging from 1.85% to 2.45%, with interest paid twice a year.

In addition to fixed returns, eligible investors will receive XRP token rewards. Retail buyers and companies investing at least 100,000 yen (roughly $650) and holding an account with SBI VC Trade qualify for the bonus program. According to the product details, investors will receive XRP equivalent to about 200 yen per 100,000 yen invested.