Japanese securities giant to issue $65 million worth of XRP-paying blockchain bonds

Ripple’s closest Asian partner and long-term XRP bull SBI Holdings has announced a plan to issue around $65 million worth of onchain bonds. The bonds will pay their owners a fixed interest rate of between 1.85% and 2.45%, to be paid half-yearly. And the bonds will provide their owners with $1.29 worth of XRP for every $645 worth of the bonds they own. The company said the bonds will be issued in March and will mature in early 2029. Both Ripple and consulting firms like the Boston Consulting Group have ...