Yesterday Japan’s SBI Holdings
revealed that it is to offer bonuses in XRP, Ripple’s blockchain-based token, to shareholders. As part of the firm’s return of profits to investors, they will be given 30XRP if they hold at least 100 shares by 30 September.
“We decided to increase the interim dividend, and at the same time, decided to present the virtual currency XRP as an intermediary shareholder benefit program,” explained SBI’s release.
By giving away 30XRP, it appears that SBI hopes to encourage the use of the blockchain-based currency without breaking the bank. At the moment, 30XRP is worth around $7.50. The firm will give the amount to shareholders who hold 100 shares, worth $1965 at today’s market price.
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