Overview
- SBI VC Trade said Tuesday that combined registered accounts across its VCTRADE and BITPOINT platforms have surpassed 2 million after its April merger with BitPoint Japan.
- The exchange reported rising corporate demand for bitcoin and XRP as companies seek to protect cash reserves from losses caused by the yen's slide.
- SBI has expanded product offerings to meet that demand, listing USDC in March 2025 and adding Ripple’s RLUSD plus a yen-pegged token JPYSC in June 2026 while launching lending against stablecoins.
- The company plans to fully integrate the VCTRADE and BITPOINT brands by the end of December 2026 to cut costs and standardize services for retail and corporate clients.
- Japan's strict licensing regime has kept its crypto market smaller than some peers, but regulated stablecoin listings and lending are broadening onshore access and could change how firms manage treasury risk while raising new operational and regulatory questions.