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- SBI is issuing $64M in blockchain-settled bonds with XRP rewards for investors.
- The move highlights rising institutional experimentation with tokenized securities.
- Stable XRP price and regulatory optimism continue supporting market sentiment.
Institutional adoption around XRP is gaining another foothold in Asia as SBI Holdings unveils a blockchain-based bond product that will reward investors in XRP. The move highlights growing experimentation with tokenized securities and reinforces XRP’s position in the evolving digital finance landscape.
Tokenized Bonds Aim to Bridge Retail Investors and Blockchain
The Japanese financial group announced plans to issue its first Series ST bonds worth roughly $64.5 million, designed specifically for retail investors. Unlike traditional securities issued through legacy settlement systems, these bonds will be registered, managed, and settled entirely on-chain.
SBI will tokenize the bonds using the ibet for Fin platform developed by BOOSTRY, signaling a shift toward digital asset infrastructure in Japan’s capital markets. Trading will take place on the START system operated by Osaka Digital Exchange, with secondary market activity expected to begin March 25, 2026.
Investors will receive XRP tokens shortly after subscription payments are confirmed, provided they hold accounts with SBI VC Trade and complete verification steps before the deadline in May. Additional XRP rewards are also scheduled alongside interest payments through 2029.
XRP Incentives Raise Questions on SBI’s Holdings
The reward structure comes shortly after SBI clarified it does not directly hold XRP tokens, stating its exposure is primarily through its stake in Ripple Labs. However, the decision to distribute XRP to investors suggests the firm may have operational reserves or access mechanisms for the token.
The initiative underscores SBI’s long-standing partnership with Ripple and its continued push to integrate blockchain-based financial products across Asia.
XRP Price Holds Steady Amid Regulatory Optimism
Market performance for XRP has remained relatively stable this week, trading between $1.40 and $1.45 with modest gains, according to data from CoinMarketCap.
Also Read: Dubai Opens XRPL Secondary Market for Tokenized Real Estate – Invest Today!
Investor sentiment has been supported by comments from Ripple CEO Brad Garlinghouse, who recently suggested there is a strong likelihood U.S. lawmakers will approve new crypto legislation in the coming months. Positive institutional signals have also emerged, including reports that a large share of tokenized U.S. Treasuries are being issued on the XRP Ledger.
SBI’s tokenized bond experiment reflects a broader shift toward blockchain-native financial products. By pairing retail bonds with XRP incentives, the firm is testing how digital assets can enhance traditional investment structures. If successful, the model could accelerate institutional adoption of tokenized securities and deepen XRP’s role in global financial infrastructure.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
