ChainCatcher News: Japan’s 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 the time of issuance and on subsequent interest payment dates (until 2029). For every 100,000 yen invested, investors will receive XRP valued at 200 yen. The bonds have a three-year term, offer a fixed interest rate, and secondary trading will commence on March 25, 2026, on the Osaka Digital Exchange.
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