Japan's SBI to issue 10 billion yen onchain bond with XRP rewards for retail investors
Japan's SBI Holdings plans to issue a 10 billion yen on-chain bond that will offer XRP rewards to retail investors. The bond aims to attract individual investors by providing a unique incentive through cryptocurrency. SBI's initiative highlights the growing intersection of traditional finance and digital assets in Japan. The bond issuance is part of SBI's broader strategy to enhance its offerings in the cryptocurrency space. This move reflects an increasing acceptance of blockchain technology in mainstream finance.
Read the full article: CoinDesk