SBI Holdings, a partner of Ripple Labs specializing in blockchain payments, plans to issue a non-fungible token (NFT) on the XRP Ledger (XRPL). XRPL is actively evolving, implementing innovations to compete in the broad blockchain ecosystem. The upcoming NFT, designed for EXPO2025, will be integrated with the Consortium Inc. wallet. This move by SBI Holdings is a significant recognition of the potential of the XRP Ledger.

Recent reports from SBI Holdings emphasize that supporting NFTs on XRPL is part of a strategy to implement new technologies. The company plans to release a digital collectible named "Myakun" through SBINFT, which will be featured at EXPO2025 as part of the official "EXPO2025 Digital Wallet" service. The NFT project is being developed by SBI Group in collaboration with SMBC Group and Mitsubishi UFJ Financial Group. NFT owners will be able to view and store tokens on a special website being developed by SBI VC Trade.

SBI Holdings is exploring various uses for SBINFT, including creating 30 commemorative NFTs that combine images of the Shinkansen station and station signs with the "Nozomi" inscription. The price of each SBINFT token is set at 64 MATIC or 5,300 yen.

The XRP community is optimistic about this news, hoping for greater success than the XRPL Ducati NFT project. SBI Holdings expects that the use of XRPL NFTs will increase the value of the protocol, assets, and users in the ecosystem as a whole.