SBI Shinsei Ties Deposit Interest Campaign to Crypto Vouchers in Japan

SBI Shinsei Bank will give customers vouchers that can be redeemed for Bitcoin, Ether or XRP through SBI VC Trade, according to Nikkei. The initiative connects the bank’s deposit offering with SBI Group’s cryptocurrency exchange business.

The development matters because it places crypto rewards inside a traditional banking product, giving customers a route from savings deposits to digital assets through an affiliated exchange. For SBI, it also links two parts of the group’s financial ecosystem: banking and crypto trading.

The vouchers will be redeemable through SBI VC Trade, the group’s crypto exchange arm. The supported assets named in the report are Bitcoin, Ether and XRP.

The move comes as financial companies continue to test ways of connecting conventional banking services with digital asset platforms. The structure described by Nikkei does not present the vouchers as direct deposit interest paid in crypto, but as rewards that can be redeemed for selected tokens through SBI VC Trade.

The report did not include additional terms such as voucher amounts, eligibility rules or campaign dates in the provided source material.