SBI Holdings launches 10 billion yen on-chain bonds with XRP rewards for investors

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Deep Tide TechFlow News, February 22 — According to CoinDesk, Japanese financial giant SBI Holdings announced the issuance of on-chain bonds worth 10 billion yen (approximately $64.5 million USD) called “SBI START Bonds.” The bonds are targeted at retail investors and are issued, managed, and settled entirely on the blockchain platform “ibet for Fin.” Qualified investors (those holding an SBI VC Trade account and investing over 100,000 yen) can receive XRP rewards equivalent to their investment amount at issuance and during subsequent interest payment dates (until 2029), with 200 yen worth of XRP per 100,000 yen invested. The bonds have a three-year term, offer a fixed interest rate, and secondary trading will commence on March 25, 2026, at the Osaka Digital Exchange.

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