Japanese companies are adding bitcoin and XRP to their corporate treasuries as a weak yen pushes them to diversify beyond cash, according to SBI VC Trade. The crypto exchange said its registered accounts have passed 2 million, roughly double the tally it counted in 2025.
Japanese companies are turning to bitcoin and XRP to diversify their corporate treasuries as a weak yen erodes the value of cash reserves, according to SBI VC Trade, whose registered accounts have passed 2 million.
The crypto arm of Tokyo-based SBI Holdings said use of its corporate service, SBIVC for Prime, has grown as the weak yen drives firms to spread reserves beyond cash. Some of that demand comes from companies that hand out bitcoin or XRP through shareholder-perk programs.
Accounts double past 2 million
The exchange reported the milestone on Tuesday, roughly double the 1 million it counted in 2025. That figure combines its VCTRADE and BITPOINT services and follows SBI VC Trade’s April 2026 merger with sister firm BitPoint Japan.
The company plans to fully integrate the two brands around the end of December, a step it said should cut costs and unify service levels.
Stablecoins add a second driver
Stablecoins have been the other force behind the growth. SBI VC Trade listed USDC in March 2025 in what it called Japan’s first dollar-stablecoin listing. In June 2026 it added Ripple’s dollar-backed RLUSD alongside JPYSC, a yen-pegged token it described as the country’s first trust-based yen stablecoin, and began offering lending against stablecoins.
The activity tracks a broader pickup in regulated crypto access in Japan, where a strict licensing regime has kept the market smaller than in the U.S. or South Korea. That framework is nonetheless drawing retail and corporate users as treasury strategies take hold.
Source: CoinDesk
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