SBI's 10 Billion Yen Blockchain Bond Highlights Japan's XRP Push, CEO Says XRP "Very Expensive"
SBI Holdings issued a 10 billion yen blockchain bond in February 2026 that pays investor returns in XRP, a move that has refocused attention on Japan's XRP-related initiatives. The company also outlined plans to introduce Ripple's RLUSD stablecoin via SBI's licensed exchange in Japan and support XRP Ledger-focused startups through a new partnership. SBI CEO Yoshitaka Kitao said XRP "will be very expensive" and suggested a favorable outcome in Ripple's U.S. legal proceedings could lift the token's price.