Japanese financial giant SBI Holdings' cryptocurrency exchange SBI VC Trade announced on July 9 that the number of registered accounts on the platform has officially surpassed 2 million, doubling from 1 million in 2025. SBI VC Trade stated that most of the growth momentum comes from corporate demand—as the Japanese yen continues to weaken, Japanese companies are reallocating reserves into digital assets such as Bitcoin and XRP through institutional platforms.
SBI VC Trade Milestone of 2 Million Accounts
According to SBI VC Trade, the 2 million account milestone includes the combined total of VCTRADE and BITPOINT platforms; SBI VC Trade completed its merger with group subsidiary BitPoint Japan in April 2026, with brand integration expected to be finalized by the end of December 2026, aiming to reduce operational costs and improve service consistency.
Compared to approximately 1 million accounts in 2025, achieving a doubling within a year, SBI VC Trade pointed out that this growth is primarily driven by strong corporate demand and expansion of stablecoin product lines.
Weak Yen and Corporate Reserve Demand: SBIVC for Prime Institutional Platform and Shareholder Benefits Bitcoin Perks
SBI VC Trade explained that the ongoing weakness of the yen is a key macro factor driving corporate crypto allocations: facing asset depreciation pressure due to yen depreciation, companies are no longer holding cash tightly but are expanding their reserves into digital assets like Bitcoin and XRP via SBI VC Trade’s "SBIVC for Prime" institutional platform.
Another unique Japanese cultural factor accelerates this trend: an increasing number of listed Japanese companies are using Bitcoin or XRP as "shareholder perks," further boosting corporate account openings and making corporate entities a significant source of account growth for SBI VC Trade.
Stablecoin Expansion Milestones: USDC, RLUSD, and Japan’s First Trust-structured Yen Stablecoin JPYSC
Reports indicate that SBI VC Trade’s stablecoin deployment has shown a stepwise expansion:
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March 2025: Listed USDC, becoming Japan’s first crypto platform to offer USD stablecoin trading.
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June 2026: Added support for Ripple-based USD stablecoin RLUSD.
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2026: Launched Japan’s first trust-structured yen stablecoin JPYSC, along with stablecoin lending services to further enhance liquidity.
Frequently Asked Questions
How is SBI VC Trade’s 2 million account figure calculated, and which platforms are included?
According to SBI VC Trade, the 2 million account milestone covers the combined total of VCTRADE and BITPOINT platforms; SBI VC Trade completed its merger with BitPoint Japan in April 2026, with brand integration expected to be finalized by December 2026.
Why are Japanese companies starting to include Bitcoin and XRP in their reserves?
The main drivers are the ongoing weakness of the yen, prompting companies to diversify their cash holdings into digital assets like Bitcoin and XRP to mitigate risks associated with excessive concentration in yen. Additionally, SBI VC Trade’s launch of the "SBIVC for Prime" institutional platform has lowered barriers for corporate crypto allocations. The trend of Japanese listed companies using Bitcoin or XRP as shareholder perks has also accelerated corporate account openings.
What is the significance of Japan’s first trust-structured yen stablecoin JPYSC?
According to reports, JPYSC is Japan’s first trust-structured yen stablecoin issued by SBI VC Trade. The trust structure provides a legal pathway under Japan’s stablecoin regulatory framework, offering clearer legal backing than traditional crypto stablecoins. Specific technical details and scope are subject to official announcements from SBI VC Trade.
