SBI Launches Groundbreaking On-Chain Bond Program Offering XRP Rewards

SBI Holdings, a leading financial conglomerate in Japan, has made significant strides in the field of blockchain-based securities. In a pioneering move, the company has launched an on-chain bond program that allows retail investors to purchase security token bonds and receive XRP tokens as rewards.

The initiative, which is part of SBI's efforts to promote financial inclusion through blockchain technology, marks the first time a Japanese firm has issued a security token bond on-chain. The program is designed to meet domestic requirements for security token offerings and offers investors a unique opportunity to gain exposure to XRP while purchasing bonds.

According to the terms of the bond, investors will receive tokens equivalent to their subscription amount shortly after payment is confirmed. Additionally, SBI has promised to provide additional crypto benefits on the bonds' interest payment dates in March 2027, March 2028, and March 2029.