Financial investment research firm Morningstar keeps paying out dividends in XRP token
that it will allow its shareholders to receive the Ripple-affiliated cryptocurrency as a benefit.
Morningstar says that all shareholders who hold 100 or more shares as of March 31 are eligible for the program.Shareholders will be able to receive 2,500 in Japanese yen in the form of XRP tokens for each batch of 100 shares.Ripple has long had a strong presence in Japan because of its long-standing partnership with SBI.
The two joined forces all the way back in 2016 in order to set up a new venture called SBI Ripple Asia. Yoshitaka Kitao, CEO of SBI Holdings, joined Ripple's Board of Directors in April 2019 before leaving it in early 2021.
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