#sbi-holdings3 articles

3 articles

CryptoBullishThe Block · Feb 277/107

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SBI Holdings unveils trust bank-backed JPY stablecoin with Q2 launch target

SBI Holdings and Startale Group announced the launch of JPYSC, a Japanese yen-backed stablecoin, with issuance to be managed by SBI Shinsei Trust Bank. The stablecoin is targeting a Q2 launch, representing a significant move by one of Japan's major financial institutions into the digital asset space.

CryptoBullishDL News · Feb 227/108

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Japanese securities giant to issue $65 million worth of XRP-paying blockchain bonds

SBI Holdings, Ripple's key Asian partner, announced plans to issue $65 million worth of blockchain bonds that will pay out in XRP. This represents a significant adoption of XRP in traditional financial instruments by a major Japanese securities firm.

$XRP

CryptoNeutralCryptoSlate · Feb 275/105

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SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small

SBI Holdings is issuing a ¥10 billion retail bond in Japan with XRP rewards as an incentive for buyers who open accounts at SBI VC Trade. The bond offering runs from March 11-23 with pricing announced March 10, though the XRP incentive amount appears to be relatively small.

$XRP