SBI Holdings Offers XRP Incentive for Bond Purchase
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SBI Holdings, a major Japanese financial group, is launching a ¥10 billion retail bond on March 24 with a unique crypto twist: buyers who open an account at SBI VC Trade and complete receipt procedures by May 11 will receive XRP as an incentive. This three-year bond, with pricing announced March 10 and subscription running March 11-23, represents a strategic move to attract retail investors by leveraging cryptocurrency perks, potentially boosting adoption in regulated markets.
While the bond itself is conventional, the XRP incentive highlights growing institutional efforts to integrate digital assets into traditional finance. However, the modest bond size suggests this is a pilot initiative rather than a large-scale shift. This development signals cautious but progressive steps toward crypto mainstreaming in Japan's financial landscape.
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