Japan's SBI issues 10 billion yen on-chain bonds, investors can receive XRP rewards

According to CoinDesk, Japan's SBI Holdings has announced the launch of an on-chain bond issuance plan worth 10 billion yen (approximately 64.5 million USD).

According to the disclosed information, the bond will complete the issuance and management process on-chain, and investors will receive XRP as a reward in addition to the regular returns. This move marks a further exploration by traditional financial institutions into blockchain bonds and digital asset incentive mechanisms.