SBI Mulling to Pay Shareholders With Ripple
One of the subsidiaries of financial services giant SBI Holdings has recently revealed its intention of offering shareholders dividends in the form of XRP tokens.
MorningStart Japan, a subsidiary of SBI Holdings, will offer 30 XRP to its shareholders if they hold a minimum of 100 shares by September 30, 2019.
The current market value of XRP is around $0.25 making which means that each holders of 100 shares will receive around $7.50.
SBI Holdings and Ripple have partnered together to create SBI Ripple Asia that has announced to launch a store settlement service affiliated with SBI holdings and Ripple’s co-developed XRP-powered payments app MoneyTap.
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