JapanDigital Finance & Tokenization▲
Orico Points Now Exchangeable for Crypto Assets, Including BTC, ETH, and XRP
SBI VC Trade announced on July 31 that it has added crypto assets as a redemption option for Orient Corporation's Orico Points loyalty program. This marks the first time crypto assets are available for Orico Points redemption, with the eligible assets being Bitcoin, Ethereum, and XRP. Individual users can exchange 1,200 Orico Points for 1,000 yen worth of crypto assets per unit, and the redeemed crypto assets will be credited to the user's VCTRADE account. Note that the BITPOINT service, also under the SBI Group, is not included in this initiative.
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Digital Finance & Tokenization › Crypto Exchanges, Custody & Digital-Asset Infrastructure ▲Demand
SBI VC Trade · Demand · Positive SBI VC Trade expands redemption options, likely increasing platform usage.
8585.JP · Demand · Positive Orico Points can now be exchanged for crypto, enhancing loyalty program value.
BTC · Demand · Positive Bitcoin is now redeemable via Orico Points, potentially increasing adoption.
ETH · Demand · Positive Ethereum is now redeemable via Orico Points, potentially increasing adoption.
XRP · Demand · Positive XRP is now redeemable via Orico Points, potentially increasing adoption.