Japan’s SBI VC Trade tops 2 million registered accounts as institutions use Bitcoin and XRP
SBI VC Trade reaching 2M registered accounts signals continued mainstreaming of crypto in Japan and supports the narrative of institutional adoption. Reporting that the platform is promoting BTC and XRP for settlement and portfolio allocation is particularly constructive for XRP given SBI's long-standing Ripple-linked infrastructure. However, the lack of disclosed XRP volumes, new listings, or regulatory developments tempers immediate market sensitivity.
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▲ Bullish
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SBI VC Trade in Japan has surpassed 2 million registered accounts, with reports saying the platform is promoting institutional use of Bitcoin and XRP for settlement and asset allocation. The SBI Group has long invested in blockchain infrastructure, and its SBI Ripple Asia unit has been deeply involved in partnerships across the XRP ecosystem. The account milestone points to continued acceptance among mainstream Japanese financial institutions of XRP for cross-border payments and compliant tokenization use cases, though no details were disclosed on XRP trading volumes, new pairs or regulatory licensing progress.