SBI Shinsei Bank Launches Crypto Vouchers Worth 20% of Deposit Interest

SBI Shinsei Bank plans to launch a program that will provide deposit customers with vouchers exchangeable for crypto assets worth 20% of their interest income.

“Starting June 10, 2026, SBI Shinsei Bank will allow its depositors to receive vouchers redeemable for Bitcoin, Ether, or XRP, with a value equal to 20% of their interest, an arrangement Nikkei described as one of the most direct integrations of cryptocurrency rewards into a traditional Japanese bank deposit product”

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The vouchers can be exchanged for Bitcoin (BTC), Ether (ETH) and XRP, and users must open an SBI VC Trade account to redeem them.

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Before the formal launch, SBI Shinsei Bank plans to run a three-month pilot beginning June 10, covering ordinary deposits and time deposits with maturities of three months to five years.

One example cited by local media outlet CoinPost says a customer depositing 300,000 yen, or about $1,870, would receive a voucher worth about 500 yen.

For larger deposits, the program could provide vouchers worth as much as 20,000 yen for customers depositing 30 million yen, or about $187,000, or more.

The program is described as linking conventional bank savings products to a regulated crypto platform without requiring customers to make direct crypto purchases.

CoinMarketCap’s account of the plan says the vouchers will be valued at 20% of a customer's yen-denominated interest payment and can be redeemed for Bitcoin ( BTC), Ether ( ETH), or XRP within a specified redemption period.

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Customers who want to redeem the vouchers must open an account with SBI VC Trade, the crypto exchange arm of SBI Group.

CoinMarketCap also frames the service as positioning SBI Shinsei's deposit base as a potential on-ramp to digital assets for mainstream bank customers.

In parallel, Ledger Insights says the promotional campaign will start on 10 June and target depositors who will receive additional vouchers equivalent to 20% of the interest earned on their term deposit accounts.

The voucher program is presented as part of SBI Group’s broader strategy to expand into crypto and blockchain businesses, including exchange, lending, and tokenized finance initiatives.

“Japan’s SBI Shinsei Bank to Offer Crypto Vouchers Equal to 20% of Deposit Interest Summary - SBI Shinsei Bank plans to launch a program that will provide deposit customers with vouchers that can be exchanged for crypto assets worth 20%% of their interest income”

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Bloomingbit reports that SBI Holdings Chairman Yoshitaka Kitao said last month the company was holding preliminary talks to acquire a stake in Bitbank, and it also notes SBI Securities and Rakuten Securities are developing crypto investment trust products for retail investors.

CoinMarketCap adds that SBI VC Trade launched a retail USD Coin (USDC) lending service on March 18, structured as a loan to the exchange under fixed-term agreements.

CoinMarketCap also says that on May 1, SBI said it was considering acquiring shares in the Bitbank trading platform and making it a consolidated subsidiary.

Taken together, the sources describe SBI Group building multiple regulated “entry points” for crypto exposure, with the vouchers redeemable for BTC, ETH, and XRP through SBI VC Trade.