Nfts

XRP and NFTs in the spotlight as Ripple partner SBI announces service for World Expo

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Ripple partner SBI Holdings announced on Monday the launch of a non-fungible token NFT minted on XRP Ledger as company sponsors ‘EXPO 2025 Digital Wallet’ project at World Expo. Dubbed ‘Myaku N!“The NFT service will allow users to collect original NFTs from the EXPO2025 digital wallet starting July 1.

SBI Holdings launches NFT Minted on XRP Ledger

Ripple partner Japanese company SBI Holdings has started minting World Expo 2025 NFTs on the XRP Ledger. Users can download Myaku-N! digital wallet on iOS and Google to receive the free Expo 2025 NFT issued on XRP Ledger.

According to the press release, SBI Holdings will sponsor the “EXPO 2025 Digital Wallet” project during the 2025 World Expo in Japan and announced the EXPO 2025 Digital Wallet NFT service, according to the press release. The NFT is limited to 500 users.

Users can still acquire rare NFTs and create NFTs, but these are commemorative and cannot be transferred or resold. Cryptocurrency exchange SBI VC Trade and NFT company SBINFT plan to offer the service to 28.2 million people expected to visit Expo 2025 Osaka and Kansai Expo.

NFTs in the World Expo will no longer be visible after October 13, 2025. The company will terminate the digital wallet application service after the Expo.

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NFT of the Universal Exhibition 2025

NFTs can be viewed in real-time on the XRPL explorer BithompUsers can collect NFTs based on their ranking as a reward for the “MyakuMyaku Reward Program.” Users can do more by achieving higher status on NFTs, which can be increased by performing Expo actions such as loading Expo’s e-currency “Myakupe!”

SBI announced additional giveaways, sweepstakes and prizes, including the “Myakumyakupon!” » gift campaign. The focus on XRP and NFT will help increase the reach and adoption of these crypto-related technologies. Ripple and SBI Holdings have partnered on a number of solutions including supply chain, new remittance corridors and the MoneyTap mobile payment app.

Read also: US Government Transfers $12 Million in Ethereum, Is a Bitcoin-Like Sale Imminent?

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Varinder has 10 years of experience in the Fintech industry, with over 5 years dedicated to blockchain, crypto and Web3 developments. A tech enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5,000 news stories, articles and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative technologies of the future. He is currently covering all the latest updates and developments in the crypto industry.

The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial losses.



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