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SBI VC Trade passes 2 million accounts

3 min read

SBI VC Trade announced it crossed two million registered accounts on July 6 after consolidating VCTRADE and BITPoint accounts following the April acquisition of BITPoint Japan. The company says a weak yen has led local businesses to buy Bitcoin and XRP to pay bonuses and dividends through SBIVC for Prime, and it claims first place in Japan by coins available for staking. SBI also launched regulated trading for Ripple's RLUSD and the yen trust token JPYSC and added lending for those tokens, part of a push to build an on-chain ecosystem tied to SBI Ripple Asia.

SBI VC Trade reached two million registered accounts on July 6.

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