Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Japanese firms boost Bitcoin and XRP holdings as yen weakens, using crypto for shareholder dividends.

Market News
07 Jul 2026
UToday
View Source
Bullish
pluang ai news

Amid a historic drop in the Japanese yen, local companies are increasingly buying Bitcoin and XRP not for speculation but to pay bonuses and dividends to shareholders. SBI VC Trade, a crypto exchange owned by SBI Holdings, has surpassed 2 million accounts, reflecting this growing corporate trend. The firms use SBI's premium service to diversify reserves and offer cryptocurrency as part of shareholder loyalty programs. SBI also leads Japan in staking options and has launched regulated trading of Ripple's stablecoins, aiming to build a comprehensive on-chain ecosystem and become Japan's top crypto exchange.

More News (XRP)

Ripple's RLUSD stablecoin integrates with AI banking platform Nuvion for faster cross-border payments.

Ripple's RLUSD stablecoin integrates with AI banking platform Nuvion for faster cross-border payments.

Nuvion, an AI-powered global banking platform, has integrated Ripple's stablecoin RLUSD to enhance cross-border settlements and liquidity management through a single API. RLUSD's supply on the XRP Ledger surged from $20 million in late 2024 to about ...

Market News
Bullish
5 hours ago
$20M BonkDAO governance vote exploit deemed corporate fraud by Ripple CTO Emeritus.

$20M BonkDAO governance vote exploit deemed corporate fraud by Ripple CTO Emeritus.

BonkDAO lost $20 million through a governance vote exploit where a manipulator used token-weighted voting to transfer funds without hacking smart contracts. Ripple CTO Emeritus David Schwartz labeled this act as corporate fraud, explaining that DAO p...

Market News
Bearish
6 hours ago
XRP retests $1.11-$1.15 after breakout, key $1.20 resistance remains critical for next move

XRP retests $1.11-$1.15 after breakout, key $1.20 resistance remains critical for next move

XRP recently broke above the $1.11 to $1.15 range but is now retesting this zone to determine if it will hold as support or fail as a false breakout. Volume surged during the retest, indicating strong market interest, while institutional spot XRP ETF...

Technical Signals
Neutral
7 hours ago
XRP trades near $1.13 amid mixed momentum and delayed policy catalyst from CLARITY Act.

XRP trades near $1.13 amid mixed momentum and delayed policy catalyst from CLARITY Act.

XRP's price hovered around $1.13 on July 7, showing a slight decline of 1.69% in 24 hours. The token's short-term rebound from a late-June low near $1.00 remains, but it has yet to break decisively above $1.14 to confirm stronger bullish momentum. Po...

Market News
Neutral
7 hours ago
XRP rebounds on EU MiCA license approval despite Standard Chartered cutting long-term price forecast

XRP rebounds on EU MiCA license approval despite Standard Chartered cutting long-term price forecast

XRP has shown a short-term rebound to around $1.13 following Ripple's approval for an EU MiCA-compliant license, enhancing its regulatory position in Europe. However, Standard Chartered has lowered its 2026 price target for XRP from $8 to $2.80, refl...

Market News
Neutral
8 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App