SBI Holdings Adds SBI ARUHI to XRP Shareholder Reward Program

The Japanese financial group expanded its XRP shareholder benefit program to include SBI ARUHI, with eligible shareholders able to receive up to 1,000 yen worth of XRP through the company’s crypto trading arm.

XRP

Summary

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Terms & Concepts
  • XRP: A cryptocurrency used on the XRP Ledger, a blockchain network designed for payments and value transfers.
  • Shareholder benefit program: A corporate rewards program that gives eligible shareholders perks, which in this case include cryptocurrency-based benefits.
  • Crypto trading arm: A subsidiary or affiliated business unit that handles cryptocurrency buying, selling, or related services.