SBI Holdings Offers XRP as Shareholder Benefit for Eligible Investors
SBI Holdings announced benefits for eligible shareholders. Those with 100-999 shares or at least 1,000 shares held for under a year can choose between:
- 2,000 yen in XRP
- A selection of health and functional food products from SBI ALApromo Co.
Shareholders must be Japanese residents, at least 18 years old, and have an account with SBI VC Trade to receive XRP. The distribution is planned for July 31, 2025.
SBI Holdings supports Ripple and has integrated its solutions for cross-border payments. Over 60 Japanese banks, representing 80% of the banking sector, partnered with Ripple for faster transactions.
Market Insights
Yoshitaka Kitao, CEO of SBI Holdings, expects XRP's price to rise significantly once it is deemed not a security.
Market commentator Gen Abilsav projected potential price scenarios for XRP based on adoption rates:
- If a small percentage of banks use XRP: $3-$5
- If half of Japan’s banks adopt XRP: $10-$25
- Full adoption by all Japanese banks: $50-$100+
XRP is currently trading at $2.44, down over 1% in the last 24 hours. Trading volume increased by 49%, indicating active investor engagement. Key price levels are:
- Support at $1.97 if below $2.26
- Resistance at $2.96 if above $2.57