SBI Shinsei Bank, part of Japan’s SBI Holdings, is introducing a cryptocurrency rewards program for its depositors. The bank, managing around ¥1 trillion in deposits, will provide vouchers equivalent to 20% of standard yen interest payments. These vouchers can be redeemed for Bitcoin (BTC), Ethereum (ETH), or XRP through its affiliate crypto exchange, SBI VC Trade.

A three-month pilot program begins on June 10, 2026, allowing select customers to test the service. If successful, the full program is expected to launch this fall. Customers continue receiving their regular yen interest alongside the optional crypto vouchers, with redemption requiring an account at SBI VC Trade.

This initiative reflects ongoing integration of digital assets in Japan’s traditional banking sector. It builds on SBI’s prior efforts, such as XRP shareholder benefits and related financial products, without altering core deposit terms.