Home SBI Holdings Plans NFT Roll Out On XRP Ledger

SBI Holdings Plans NFT Roll Out On XRP Ledger

By adminJanuary 19, 2024, 5:09 AM1 Mins read180 Views

SBI Holdings Plans NFT Roll Out On XRP Ledger

SBI Holdings, a Ripple partner, is set to issue Non-Fungible Tokens (NFTs) on the XRP Ledger for the EXPO2025 event, alongside other partners SMBC, Resona, and MUFG.

The plan is expected to boost the utility of the XRP Ledger and support adoption and demand for XRP tokens, the native asset of the XRP Ledger.

The NFTs will be available on the firm’s trade website and will be part of a consortium operating the XRPL chain. The Ripple partner and investors plan is considered bullish for the XRP Ledger.

(With inputs from Shikha Singh)

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