SBI issued JPY 10 billion on-chain security token bonds for retail investors using BOOSTRY’s “ibet for Fin” and Osaka Digital Exchange’s START trading.
Bond buyers receive XRP equal to their subscription after payment, then additional XRP on interest dates in March 2027, 2028, and 2029.
Japan-based financial conglomerate SBI Holdings has launched an on-chain bond program in which investors receive XRP tokens alongside a blockchain-issued security token bond. The initiative is its first security token (ST) bond issuance conducted on-chain, with subscription and settlement handled through blockchain infrastructure rather than conventional securities settlement processes in Japan.
The offering consists of SBI’s first Series ST Bonds with a total issuance size of JPY 10 billion ($64.5 million). SBI publicly stated that the bonds are designed for individual investors in Japan and that issuance, management, and settlement will be executed through tokenized registration on-chain
