SBI VC Trade reports a surge in corporate interest for cryptocurrency as the weak yen compels firms to diversify their reserves, leading to over 2 million registered accounts.
By Shaurya Malwa|Edited by Cheyenne LigonUpdated Jul 7, 2026, 1:37 p.m. Published Jul 7, 2026, 1:26 p.m. 2 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on SummaryShow- Japanese businesses are increasingly incorporating bitcoin and XRP into their treasury strategies as a weak yen prompts a shift away from cash reserves, according to SBI VC Trade.
- The exchange noted that the number of registered accounts across its VCTRADE and BITPOINT platforms has exceeded 2 million, essentially doubling since 2025, aided by the merger with BitPoint Japan in April 2026.
- Growing interest in stablecoins like USDC, Ripple’s RLUSD, and the yen-pegged JPYSC, along with new lending options, is further boosting crypto adoption among both retail and corporate customers in Japan.
As the yen continues to weaken, Japanese companies are increasingly leaning towards bitcoin and XRP to diversify their treasury holdings, as reported by SBI VC Trade, which has seen its registered accounts exceed 2 million.
The crypto division of Tokyo-based SBI Holdings indicated that its corporate offering, SBIVC for Prime, has gained traction as firms seek to broaden their reserves beyond traditional cash, with additional interest from those providing bitcoin or XRP as shareholder perks.
This account milestone was reported on a Tuesday, reflecting a significant rise from the 1 million accounts recorded in 2025.
The combined total of 2 million accounts includes those from VCTRADE and BITPOINT and follows the April 2026 merger with sister firm BitPoint Japan. SBI VC Trade is set to fully merge the two brands by the end of December, which is expected to reduce costs and standardize service quality.
Stablecoins have also played a significant role in this trend. These digital assets are designed to maintain a stable value in relation to fiat currencies like the dollar or yen. In March 2025, SBI VC Trade launched USDC, which it termed Japan's first dollar-stablecoin listing, and in June 2026, it introduced Ripple's RLUSD alongside JPYSC, a yen-pegged token it labeled as the country’s first trust-based yen stablecoin, and began offering lending services related to stablecoins.
Earlier this year, CoinDesk reported the launch of RLUSD in Japan, facilitated through SBI VC Trade under the regulatory framework in the country.
This growth in registered accounts aligns with a broader trend of increasing regulated crypto access in Japan, where stringent licensing requirements have kept the market smaller than in the U.S. or South Korea, but it is progressively attracting both retail and corporate users as stablecoins and treasury diversification strategies gain traction.
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By CoinDesk Research1 hour agoStablecoin market cap fell to $312B in June, its largest monthly drop since TerraUSD, while tokenized equity volumes surged 145% to a record $3.86B.
Why it matters:
Stablecoin market cap fell to $312B in June, its largest monthly drop since TerraUSD, while tokenized equity volumes surged 145% to a record $3.86B.
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