The Nikkei has reported that SBI Shinsei Bank plans to offer vouchers redeemable for cryptocurrencies via sister cryptocurrency exchange SBI VC Trade. The three month pilot for the promotional campaign will start on 10 June and target depositors who will receive additional vouchers equivalent to 20% of the interest earned on their term deposit accounts. Banking clients have to open an account at SBI VC Trade and can redeem the vouchers for BTC, ETH or XRP.

SBI is an investor in Ripple and they have a Japanese joint venture, SBI Ripple Asia. In March SBI Holdings issued a digital bond targeting consumers which offered XRP tokens as a bonus, also requiring an SBI VC Trade account….