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Aplus, a credit card service from Shinsei Bank Group, partnered with SBI VC Trade to let users exchange reward points for cryptocurrencies like BTC, ETH, and XRP.

Adding cryptocurrencies to the Aplus Points program marks a new step toward broader cryptocurrency adoption in Japan.

Aplus cardholders can now convert their accumulated points into three key digital assets: Ethereum (ETH), Bitcoin (BTC), and XRP. Previously, Aplus Points could only be redeemed for traditional benefits such as merchandise, digital coupons, cash equivalents, and mileage rewards

Clients could convert 1,000 points into miles on All Nippon Airways (ANA). The latest update enables users to exchange 2,100 points for ¥2,000 worth of XRP, BTC, or ETH, making it easier for cardholders to enter the cryptocurrency market through regular purchases.

This progress is made possible through collaboration with the digital asset exchange SBI VC Trade.

SBI Holdings, one of Japan’s largest financial groups, partnered with SBI VC Trade, its digital asset exchange division, to make this development possible. SBI’s continued commitment to integrating cryptocurrencies into Japan’s established financial system is demonstrated by this action.

SBI and Ripple have a particularly close relationship. When SBI VC Trade first launched in 2018, the only trading option on the platform was XRP. Since then, SBI has added more XRP-related products to its portfolio, such as XRP lending services, which were unveiled earlier this year.