Japanese Firms Turn to Bitcoin and XRP as SBI Crypto Accounts Reach 2 Million

1 hour ago 2 sources positive

Key takeaways:

  • SBI's corporate Bitcoin and XRP adoption indicates structural, not speculative, demand in Japan.
  • Ripple's RLUSD stablecoin and staking services may deepen XRP's institutional utility.
  • Investors should track SBI Prime uptake as a proxy for Japan's corporate XRP demand.

SBI VC Trade has surpassed two million registered accounts, reflecting a growing trend among Japanese companies to adopt Bitcoin and XRP for corporate treasury management and shareholder rewards. The milestone was reached on July 6 following the integration of users from VCTRADE and BITPOINT after SBI Holdings acquired BITPoint Japan in April.

Through its premium corporate service, SBIVC for Prime, firms are diversifying reserves and introducing cryptocurrency-based shareholder benefits. Instead of speculative trading, many businesses now include Bitcoin and XRP in bonus and loyalty programs, signaling a shift toward integrating digital assets into long-term financial planning.

SBI VC Trade now offers the largest selection of staking assets among Japanese exchanges, providing both individual and corporate clients with passive income opportunities. The exchange also entered the regulated stablecoin market, introducing trading for Ripple’s RLUSD and the yen-backed JPYSC token, along with lending services for these assets.

The company’s partnership with Ripple remains central to its blockchain strategy. Through the SBI Ripple Asia joint venture, they continue promoting blockchain-based payment infrastructure and expanding use cases for Ripple technologies and the XRP Ledger. This collaboration supports Japan’s prepaid payments market while strengthening SBI’s position against competitors like Coincheck (2.62 million accounts) and bitFlyer.

With new acquisitions, expanded corporate services, staking, stablecoins, and the Ripple alliance, SBI is steadily increasing its share of Japan’s digital asset market.

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