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Japan's SBI issued 10 billion yen in on-chain bonds, with investors eligible to receive XRP rewards.
PANews reported on February 21 that, according to CoinDesk, Japan's SBI Holdings announced a 10 billion yen (approximately US$64.5 million) on-chain bond issuance plan. According to the disclosed information, the bond issuance and management process will be completed on-chain. In addition to regular returns, investors will also receive XRP as a reward. This move marks a further exploration by traditional financial institutions in blockchain bonds and digital asset incentive mechanisms.
