Japanese crypto exchange SBI VC Trade says registered accounts surpassed 2 million, underscoring rising domestic demand for digital assets.

Companies are increasingly turning to Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) for treasury diversification.

In an official filing, SBI VC Trade, a consolidated subsidiary of SBI Holdings, said accounts crossed 1 million in the year 2025. The significant leap can be attributed to its regulated exchange services, staking products, lending offerings and stablecoin expansion.

SBI VC Trade also highlighted growing corporate demand through its "SBIVC for Prime" service, saying it has gained traction among companies holding and using crypto assets amid the weaker yen and broader treasury diversification efforts.

The firm said Japanese companies are also increasingly using Bitcoin and XRP in shareholder benefit programs, where crypto assets are distributed as part of investor rewards.

SBI VC Trade has expanded beyond spot crypto trading into staking, lending and stablecoins.

The company began handling USDC in March 2025 and added Japan’s first yen-denominated trust-type stablecoin, JPYSC, along with Ripple’s RLUSD in June 2026.

The firm said its longer-term goal is to become Japan’s top crypto exchange while supporting on-chain finance and stablecoin adoption.

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