A brand new partnership inked by the SBI Group may see the utilization of XRP Ledger to construct a fee platform that can hyperlink distinctive fee tokens with NFTs.
The brand new improvement was highlighted in a tweet by XRP fanatic Crypto Eri, @sentosumosaba, who revealed that Japanese journey company Tobu High Excursions might use the XRP Ledger to challenge NFTs that may be distributed as “digital souvenirs” or “future lodging low cost vouchers.”
Tobu Excursions in Japan might use the $XRP Ledger to challenge NFTs with some digital memento energy. An MOU with enterprise unit SBI Ripple Asia was signed to pursue a “fan financial system” biz mannequin & develop advertising initiatives, similar to low cost vouchers for regional native areas.… pic.twitter.com/Lmdp8VR0Oc
— 🌸Crypto Eri ~ Carpe Diem (@sentosumosaba) September 30, 2025
In accordance with a launch dated September 30, SBI Ripple Asia, a enterprise unit of SBI Group has signed a memorandum of understanding with Tobu High Excursions to understand a brand new fee platform centered round distinctive tokens issued by SBI Ripple for every associate firm and group.
The partnership will see to the launch of a brand new fee platform that can hyperlink distinctive fee tokens with NFTs that may be outfitted with numerous capabilities, and can help the enlargement of the fan financial system of associate corporations and organizations. The 2 corporations will proceed discussions with the goal of launching the service within the first half of 2026.
SBI Ripple Asia is a three way partnership established by Ripple and SBI Holdings.
XRP Ledger to generate a number of use circumstances
The partnership will make the most of the XRP Ledger to challenge proprietary tokens and construct a system that enables clients of SBI Ripple Asia and Tobu High Excursions to pay for lodging, eating, procuring, providers, and extra.
Constructing a fee platform utilizing the XRP Ledger is predicted to generate a variety of use circumstances in tourism, commerce, and regional improvement, amongst others. It’s also anticipated to supply customers with a brand new fee expertise and turn into a brand new progress mannequin that may create and develop a novel enjoyable financial system for corporations and native communities.
NFTs have been standardized on the XRP Ledger by XLS-20 in October 2022, delivering advantages together with royalties and anti-spam options.
In June, the DynamicNFT modification (XLS-46) was enabled, including performance for mutable NFTs. This broadens use circumstances for NFTs on the XRPL past immutable artwork or collectibles to gaming, identification, sensible ticketing and extra.