Japan’s SBI Bank Expands Crypto Push With BTC, ETH, XRP Rewards Program For Depositors

bitcoinistОпубліковано о 2026-06-10Востаннє оновлено о 2026-06-10

Анотація

SBI Shinsei Bank, part of Japan's SBI Group, is launching a crypto rewards program this fall to expand its digital assets business. The program will reward depositors with vouchers worth 20% of their interest payments, redeemable for Bitcoin (BTC), Ethereum (ETH), or XRP. A three-month trial starts in June for deposits ranging from 300,000 to over 30 million yen. Customers must open an account with SBI's crypto exchange, VC Trade, to convert the vouchers. This initiative is part of SBI Group's broader crypto push, which includes launching a crypto-linked Visa card, developing crypto investment trusts, filing for crypto ETFs, and seeking to acquire a stake in the Bitbank exchange.

The banking arm of Japanese financial giant SBI Holdings is reportedly launching a crypto rewards program for depositors as part of a broader push to expand its digital assets business.

SBI Shinsei Launches BTC, ETH, XRP Rewards

SBI Shinsei Bank, the banking arm of Japan’s SBI Group, will reportedly launch a program this fall that rewards depositors with cryptocurrency vouchers, based on their account balances, Nikkei first reported on Monday.

According to local news outlets, depositors will receive exchange vouchers equal to 20% of their deposit interest payments, redeemable for Bitcoin (BTC), Ethereum (ETH), or XRP “within a certain period,” with conversion based on market rates at the time of execution.

The bank will hold a three-month trial campaign starting June 10. The campaign will reportedly apply to fixed-term deposits and savings accounts with maturities ranging from three months to five years.

Deposits of 300,000 yen will receive a voucher worth about 500 yen, while deposits of 30 million yen or more will earn roughly 20,000 yen in vouchers. SBI Shinsei is set to take customer feedback to shape the final structure of the service, evaluating account openings and usage before deciding on a permanent rollout this fall.

While offering digital assets as a permanent deposit product is highly unusual, the program aims to attract new customers to the group’s crypto business, SBI VC Trade, using bank deposits as the entry point.

Notably, the number of individual deposit accounts currently stands at approximately 4.33 million, the reports added, and customers will reportedly be required to open an SBI VC Trade account to exchange their vouchers.

In February, SBI Shinsei Bank and SBI VC Trade ran a campaign offering up to 20,000 yen in XRP exchange vouchers, based on the total amount deposited in Power Direct yen time deposits.

SBI Group Expands Crypto Push

SBI Group has been accelerating its crypto expansion, rolling out new products while deepening its footprint in both trading and investment services. In March, SBI VC Trade introduced a retail USDC lending service, allowing users to lend stablecoins under fixed-term agreements in exchange for returns.

In May, SBI VC Trade, APLUS, and Visa Worldwide Japan introduced the SBI Visa Crypto Card, which converts spending rewards into BTC, ETH, or XRP. The card integrates with SBI Securities’ investment services, enabling automated crypto accumulation tied to monthly investment activity.

SBI Securities, alongside Rakuten Securities, is developing crypto investment trusts for direct sale to individual investors. Meanwhile, SBI has partnered with Startale Group to build a blockchain for tokenized stocks and launched JPYSC, a yen-backed stablecoin.

The group has also moved to consolidate its position in Japan’s crypto exchange market, formally submitting a letter of intent to acquire a stake in Bitbank, one of Japan’s top regulated exchanges, to make it a consolidated subsidiary, following the integration of Bitpoint Japan into SBI VC Trade.

In addition, SBI has outlined plans to launch crypto-based exchange-traded funds (ETFs), filing for a combined Bitcoin and XRP ETF on the Tokyo Stock Exchange, targeting $32 billion in assets within three years, and a “Digital Gold Crypto” ETF that would allocate 51% to gold and 49% to digital assets.

The total crypto market capitalization is at $2.09 trillion in the one-week chart. Source: TOTAL on TradingView

Трендові криптовалюти

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

Пов'язані питання

QWhat is the main objective of SBI Shinsei Bank's new cryptocurrency rewards program for depositors?

AThe main objective is to attract new customers to the group's crypto business, SBI VC Trade, by using bank deposits as an entry point and offering cryptocurrency vouchers as a reward.

QHow will the crypto voucher rewards for depositors be calculated in the new program?

ADepositors will receive exchange vouchers equal to 20% of their deposit interest payments, which are redeemable for Bitcoin (BTC), Ethereum (ETH), or XRP based on market rates at the time of redemption.

QWhat is one of the other recent crypto-related products launched by an SBI Group company, as mentioned in the article?

AOne recent product is the SBI Visa Crypto Card, introduced by SBI VC Trade, APLUS, and Visa, which converts spending rewards into BTC, ETH, or XRP and integrates with SBI Securities' investment services.

QWhat strategic move is SBI Group making to strengthen its position in Japan's crypto exchange market?

ASBI Group is moving to acquire a stake in Bitbank, one of Japan's top regulated exchanges, to make it a consolidated subsidiary, following the previous integration of Bitpoint Japan.

QAccording to the article, what type of crypto-related financial product has SBI filed to launch on the Tokyo Stock Exchange?

ASBI has filed to launch crypto-based exchange-traded funds (ETFs), including a combined Bitcoin and XRP ETF and a 'Digital Gold Crypto' ETF that allocates 51% to gold and 49% to digital assets.

Пов'язані матеріали

The Verdict in Choi Tae-won's Divorce Case: Revealing the Inheritance Undercurrent Behind SK Hynix's Trillion-Won Empire

SK Group Chairman Chey Tae-won's high-profile divorce case, involving a record 1.38 trillion won settlement, has drawn attention to the succession plans for Korea's second-largest conglomerate, especially its crown jewel, SK hynix. Unlike traditional chaebol scripts centered on the eldest son, Chey's three children from his marriage to former President Roh Tae-woo's daughter, Roh Soh-yeong, are carving distinct, non-traditional paths. Eldest daughter Chey Yun-jung (b. 1989) is seen as the most evident successor. With a scientific and consulting background, she holds executive roles at SK bioscience and SK Inc.'s growth support department, focusing on future strategy and biopharma. Her marriage is to an AI infrastructure entrepreneur, not a traditional business alliance. Second daughter Chey Min-jung (b. 1991) took a unique route, voluntarily serving as a South Korean naval officer, including an anti-piracy deployment. She later worked on policy and strategy for SK hynix in Washington D.C. before co-founding an AI-driven healthcare startup. She married a former U.S. Marine Corps officer, connecting her to U.S. defense and policy circles—networks crucial for a global semiconductor giant. The only son, Chey In-geun (b. 1995), who studied physics like his father, worked briefly at SK E&S before joining McKinsey. Despite fitting the traditional "heir" profile as the eldest son, he remains silent and holds no public position or shares in SK, suggesting the old succession playbook is obsolete. As SK hynix's valuation soars, becoming a geopolitical asset in the AI era, the heirs' legitimacy is no longer automatic. They must prove themselves in fields like AI biotech, global policy, and strategic consulting. Their marriages also reflect new elite networks in tech and defense, not old political alliances. Their inheritance is the complex challenge of navigating a globalized, tech-driven world, not just a corporate throne.

marsbit2 дні тому 09:06

The Verdict in Choi Tae-won's Divorce Case: Revealing the Inheritance Undercurrent Behind SK Hynix's Trillion-Won Empire

marsbit2 дні тому 09:06

Banks oppose stablecoin yield deal – Can CLARITY Act find 60 votes?

The Bank Policy Institute (BPI) has opposed the latest draft of the CLARITY Act, criticizing its provisions on stablecoin yield and illicit finance. The banking industry sought a total ban on stablecoin yield, but the bill's compromise only prohibits passive yield on idle balances. This opposition has influenced lawmakers, reducing tentative Republican Senate support to potentially 49 votes. With the 60-vote threshold needed, securing sufficient Democratic support appears difficult as some pro-crypto Democrats also oppose the bill due to ethics and illicit finance concerns. Senate Majority Leader John Thune expressed doubt the bill can pass before the August recess. Market odds for the bill's passage in 2026 have fallen, leaving its future uncertain.

ambcrypto2 дні тому 09:02

Banks oppose stablecoin yield deal – Can CLARITY Act find 60 votes?

ambcrypto2 дні тому 09:02

2 Months, Valuation Soars from $8.8B to $68B! The Largest AI Model Hub OpenRouter May Be Acquired

Stripe is reportedly in talks to acquire AI model marketplace OpenRouter for a price nearing $10 billion, a dramatic increase from its $1.3 billion valuation just two months prior. The deal, which could be announced within a month, would see the payment giant absorb a key "router" or aggregation layer in the AI infrastructure stack. OpenRouter provides developers with a single API to access over 400 large language models (LLMs), automatically routing queries to the most suitable model based on cost, capability, and speed. This allows AI applications to optimize expenses while maintaining user experience. Founded in 2023 by ex-OpenSea co-founder Alex Atallah and Louis Vichy, OpenRouter has grown rapidly, reaching $50 million in annualized revenue by April and serving over one million developers. For Stripe, the acquisition of OpenRouter follows its late-2025 purchase of usage-based billing platform Metronome. The combined strategy aims to create an integrated suite for the AI economy: OpenRouter would handle model selection and routing, Metronome would manage granular usage-based billing, and Stripe's core platform would process payments. This positions Stripe to control a critical part of the AI application value chain, influencing which models get used while simplifying cost management for enterprise customers.

链捕手2 дні тому 08:59

2 Months, Valuation Soars from $8.8B to $68B! The Largest AI Model Hub OpenRouter May Be Acquired

链捕手2 дні тому 08:59

From OpenSea to OpenRouter: Is Alex Atallah Repeating His 'Exit at the Peak' Playbook?

From OpenSea to OpenRouter: Is Alex Atallah Repeating His "Exit at the Peak" Playbook? According to the Wall Street Journal, payments giant Stripe is in talks to acquire the AI model aggregation platform OpenRouter in a potential deal valuing the company near $100 billion. This would mark founder Alex Atallah's second creation of a company reaching a $100 billion valuation, following his co-founding of NFT marketplace OpenSea. OpenRouter, founded just over three years ago, has grown rapidly by acting as a unified gateway for developers to access over 400 AI models. It currently has about 10 million users and processes over 200 trillion tokens monthly. While the platform's annualized revenue is around $50 million, its valuation has skyrocketed from $1.3 billion in March 2026. The potential acquisition by Stripe, a company OpenRouter's founder once likened it to, represents a major expansion into AI infrastructure for the payments leader. This move echoes Atallah's previous timing with OpenSea, where he departed before the NFT market's significant downturn. For OpenRouter, selling now may be strategic. Despite its scale, its business model—charging a 5-5.5% fee on AI inference calls—faces pressure from competition, open-source models, and potential price wars among model providers, limiting its profitability narrative for an IPO. A key asset for potential acquirers like Stripe is OpenRouter's vast repository of real-world AI usage data, which offers unique insights into model performance and developer preferences that are difficult to replicate. Whether this potential deal signifies a new valuation benchmark for AI infrastructure or another market peak signal remains to be seen.

链捕手2 дні тому 08:42

Pons V2 brings RWA trading pairs as Robinhood Chain broadens its ambitions

Pons, a key launchpad on Robinhood Chain, has launched its V2 upgrade. The update aims to boost liquidity, remove trading restrictions for most users via an ETH-denominated bonding curve, and introduces support for custom tokenized real-world asset (RWA) trading pairs. This aligns with Robinhood Chain's broader RWA focus. The upgrade also allows creators to collect fees in ETH by default. The network itself is growing rapidly, surpassing $300 million in Total Value Locked. Its cumulative DEX volume has exceeded $9 billion, with about 80% coming from speculative memecoin trading. However, data shows 63% of traders are at a loss, with profits concentrated in a small number of wallets. The introduction of RWAs could help drive more organic adoption for the chain, which is positioning itself as a major player for speculative trading, challenging networks like Base and Solana.

ambcrypto2 дні тому 08:26

Pons V2 brings RWA trading pairs as Robinhood Chain broadens its ambitions