SBI VC Trade Hits 2 Million Accounts as Corporate Demand for XRP and Bitcoin Surges
Japan's crypto market is entering a new era of mainstream adoption, and SBI VC Trade is at the center of it. The Japanese financial behemoth has surpassed 2 million registered accounts as of July 6, 2026, reaching this milestone just a year after crossing the one-million mark.
The surge reflects more than growing retail participation. It underscores how Japanese businesses are increasingly weaving digital assets into corporate finance, using cryptocurrencies for treasury diversification, shareholder rewards, and cross-border payments.
A major catalyst has been SBIVC for Prime, SBI's institutional platform. As the Japanese yen faces sustained weakness, more companies are allocating part of their reserves to cryptocurrencies instead of holding cash alone.
SBI also reports rising interest from listed firms offering XRP and Bitcoin (BTC) as shareholder rewards, replacing traditional incentives such as gift cards and vouchers with digital assets that investors can keep, trade, or appreciate over time.
XRP's expanding role is especially notable given SBI Group's long-standing partnership with Ripple. Rather than treating XRP as a purely speculative asset, SBI continues to advance its use in real-world payments, corporate incentives, and enterprise financial services, reinforcing its position within Japan's evolving digital economy.
SBI Expands Crypto Empire With Stablecoins, XRP Products, and $289M Bitbank Deal
Stablecoins have also become a major growth engine. After becoming Japan's first exchange to support USDC in 2025, SBI VC Trade expanded its lineup this year with JPYSC, the country's first yen-backed trust-type stablecoin, and Ripple’s RLUSD stablecoin.
The exchange is also preparing to launch a stablecoin lending service, further broadening practical use cases for regulated digital currencies.
SBI's crypto ambitions extend far beyond its exchange. The financial giant recently announced plans to acquire Bitbank in a $289 million deal that would raise its combined crypto assets under management to roughly ¥1.1 trillion.
Earlier this year, it also unveiled plans to introduce XRP-linked investment products on the Tokyo Stock Exchange, targeting approximately $32 billion in assets under management within the next three years.
Therefore, the writing is on the wall because these moves show SBI is doing more than growing its user base, it is building the infrastructure for institutional crypto adoption in Japan.
As corporations increasingly embrace Bitcoin, XRP, and stablecoins for treasury management, payments, and investor engagement, SBI VC Trade's 2-million-account milestone looks less like a peak and more like the start of crypto's next growth chapter in one of Asia's largest financial markets.