SBI VC Trade Co., Ltd. will start operating a node as a validator on the XRP Ledger, a layer1 decentralized blockchain, from May 10, 2024.
By continuing stable operations as a validator and being recognized by the XRP Ledger community for its reliable performance, SBI VC Trade will target to become selected in the list of trusted validators (UNL, Unique Node List) recommended by the XRP Ledger Foundation in the future.
Once a validator is registered on the UNL, it will be able to contribute more directly to the development of the ecosystem, for example by voting on new features of the XRP Ledger. SBI VC Trade will make this validator reflect the voice of the XRP holder community in Japan, based on the background of long-time patronage by holders of XRP, which is the native asset of the XRP Ledger.
If the validator is registered with UNL as a result of stable operation, SBI VC Trade will consider making voting decisions on validator votes for new features, etc. after considering the opinions of customers who are XRP holders through questionnaires, etc. SBI VC Trade also plans to educate XRP holders about new feature amendments in the XRP Ledger so that they can provide informed and constructive opinions for the ecosystem.
Through these activities, SBI VC Trade aims to contribute to the continuous development of the XRP Ledger ecosystem.
