RATE Group | This Japanese Finance Giant is Doling Out Free XRP, Kinda
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This Japanese Finance Giant is Doling Out Free XRP, Kinda

This Japanese Finance Giant is Doling Out Free XRP, Kinda

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A massive Japanese finance-centric company is doling out XRP, the third-largest cryptocurrency, to some of its shareholders, for free — if free does not equal holding shares of a company, anyway. Want to know more? Well, read on.

Want Free XRP? SBI Shareholders Can Participate

SBI Holdings — a large financial services firm in Japan that has long been dabbling in the cryptocurrency and blockchain game — on Friday announced an initiative that will allow shareholders of its stock (ticker of 8473 on the Tokyo Stock Exchange) to claim a free XRP prize.

A press release from the firm is giving its shareholders the option to take this reward, dividend, or whatever you want to call it in XRP or a health product from a subsidiary, SBI Alapromo, which deals in health and cosmetics.

The release indicates that shareholders that are registered by March 31st can accept 2,000 yen worth of the cryptocurrency, around $18 worth. Investors that have been…

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