SBI VC Trade Co., Ltd. will start operating a node as a validator on the XRP Ledger, a decentralized blockchain layer1, from May 10, 2024.
Continuing the stable operations as a validator and recognizing the XRP Ledger community for its reliable performance, SBI VC Trade will aim to be selected in the Trusted Validator List (UNL, Unique Node List) recommended by the XRP Ledger Foundation in the future.
Once a validator is registered with UNL, they 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 validation tool reflect the voice of the XRP holder community in Japan, based on the background of long-term support from XRP holders, which is the inherent asset of the XRP Ledger.
If the validator is registered with UNL as a result of stable operation, SBI VC Trade will consider voting decisions on validator votes for new features, etc. after taking into account the opinions of customers who own XRP through questionnaires etc. SBI VC Trade also plans to educate XRP holders on the new feature modifications to the XRP Ledger so that they can provide informed and constructive opinions to the ecosystem.
Through these activities, SBI VC Trade aims to contribute to the continued development of the XRP Ledger ecosystem.