Japanese companies are turning to bitcoin and XRP as a weak yen pushes them to diversify their corporate tax base, according to SBI VC Trade, as the crypto exchange’s registered accounts passed 2 million.
The crypto arm of financial group Tokyo-based SBI Holdings said use of its corporate service, SBIVC for Prime, has grown as the weak yen prompts companies to spread reserves beyond cash, with increased demand from companies handing out bitcoin or XRP through shareholder perk programs.
That’s roughly double the 1 million it counted in 2025, the account milestone reported Tuesday.
The 2 million figure combines its VCTRADE and BITPOINT services and follows SBI VC Trade’s April 2026 merger with sister company BitPoint Japan. The company plans to fully integrate the two brands around the end of December, which it said should reduce costs and unify service levels.
