The Japanese financial services giant SBI Holdings will offer its shareholders a profit option at XRP, starting March 31, 2020.
It seems that XRP is becoming more popular at a higher commercial level, in addition to being noticed by regulators. On Thursday, it was reported that the third largest cryptocurrency was mentioned during a congressional hearing in the United States.
Now, the Japanese giant SBI that deals with financial services and asset management intends to offer its shareholders benefits in XRP for a total of up to 8,000 yen.
XRP benefits will be effective March 31, 2020.
#SBI Holdings Will Offer All Of Their Shareholders Benefits In #XRP With A Limit Of Up To 8,000 Japanese Yen$ XRP will be offered as a benefits option to #SBI shareholders with 100 shares minimum or more starting as of March 31, 2020 https://t.co/tMwUHnt4vM
– XRPcryptowolf (@XRPcryptowolf) January 31, 2020
As reported by Coinpost, SBI Holdings offers its shareholders benefits in XRP in the amount of up to 8,000 yen. The main condition to receive it is that the shareholders must have at least 100 shares of SBI Holdings.
Shareholders must also open an account with SBI VC Trade, the subsidiary of the company that deals with the cryptocurrency trade. XRP tokens will be deposited in your account.
The decision to introduce the benefits of XRP was made in February 2019 and was first announced in autumn 2019.