SBI Holdings Launches Blockchain Bond with XRP Rewards for Retail Investors

SBI Holdings, a leading Japanese financial conglomerate, has introduced a innovative blockchain-based bond that combines fixed-income terms with XRP token rewards. The $64.5 million SBI START Bonds are designed for individual retail investors and offer an attractive option for those looking to diversify their investment portfolios.

The bonds will be managed entirely on-chain through the 'ibet for Fin' platform, a blockchain system developed by BOOSTRY specifically for security token issuance. This unique approach enables seamless and efficient management of the bond's lifecycle.

Retail investors who subscribe to at least ¥100,000 (approximately $650) and hold an account with SBI VC Trade will be eligible for XRP rewards corresponding to their subscription amount. The reward structure is set at 200 yen in XRP per 100,000 yen invested, distributed at the time of issuance and again on each interest payment date through 2029.