Tokyo-based SBI Group will offer its shareholders their year-end benefit in the XRP cryptocurrency, according to a March 12 announcement.
Advertisement
In such a way, the Japanese financial behemoth wants to show appreciation to investors for their "continued support."
Those who hold at least 100 shares of SBI Group will be able to get 2,500 yen ($23) worth of XRP. The exact amount of tokens will be determined based on their price on June 30.
It’s Not Over for Shiba Inu (SHIB) Price Yet
Crypto Market Prediction: Dogecoin (DOGE) Surprise Recovery, Ethereum (ETH) Will Fight for $3,000, Bitcoin (BTC) Sinks in $1,300,000,000 Bloodbath
XRP ETF Volume Hits $26 Million in First 30 Minutes, Shiba Inu (SHIB) Price Gets Zero, Czech Central Bank Buys Bitcoin — Crypto News Digest
Schiff Takes Victory Lap After Nailing Bearish Bitcoin Price Prediction
The deadline for applying for these benefits will fall on May 31.
Advertisement
Fri, 03/05/2021 - 18:50
SEC Strikes Back at XRP Holders by Moving to Dismiss Their Petition
SBI Group is known as a long-time partner and one of the strongest supporters of XRP-affiliated company Ripple.
It first allowed its shareholders to receive XRP as a benefit in January 2020.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team