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SBI Announces XRP as Shareholders Benefit. Here’s Estimated Conversion Date

On February 7, 2025, SBI Holdings, Inc. announced its shareholder benefits program, again offering XRP as a reward. This initiative reflects SBI’s continued support for digital assets and its broader vision of integrating cryptocurrency into mainstream finance.

The program provides eligible shareholders with the option to receive XRP or select from a variety of products offered by SBI’s subsidiary, SBI ALApromo Co., Ltd.

Crypto analyst Crypto Eri highlighted this announcement, emphasizing that SBI maintains its commitment to XRP. She noted that shareholders will claim 2,000 yen worth of XRP, with an estimated conversion date of July 31, 2025.

Eligibility and Reward Structure

The shareholder benefits are available to those recorded in SBI’s shareholder register as of March 31, 2025. Shareholders who hold 100 to 999 shares, or those who own 1,000 or more shares for less than a year, can opt for 2,000 yen worth of XRP or select from a range of health and functional food products from SBI ALApromo Co., Ltd.

Meanwhile, shareholders who have maintained 1,000 or more shares for over a year will have the option to receive 8,000 yen worth of XRP or choose from an expanded selection of premium health and cosmetic products.

In addition to these benefits, all shareholders, including those with fewer than 100 shares, will receive a 50% discount voucher for purchases from SBI ALApromo. This structure allows shareholders flexibility in selecting benefits that best suit their needs while reinforcing SBI’s commitment to providing value beyond traditional financial rewards.

XRP Distribution and Eligibility Requirements

To receive the XRP benefit, shareholders must be domestic residents of Japan, at least 18 years old, and have or be able to open an account with SBI VC Trade Co., Ltd., the company’s cryptocurrency trading subsidiary. SBI VC Trade will handle the distribution of XRP to eligible shareholders, ensuring compliance with Japanese regulations.

SBI Holdings has long been an advocate for XRP, frequently integrating it into its financial services. The company’s decision to offer XRP as a shareholder benefit once again demonstrates its confidence in digital assets and their role in the evolving financial landscape. By including XRP as an option, SBI continues to normalize cryptocurrency usage, providing investors with direct exposure to the asset.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

 

Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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