Bitcoin and XRP attract Japanese companies as weak yen spurs treasury diversification

Japanese companies are turning to Bitcoin and XRP as the weak yen pushes them to diversify their corporate treasuries, according to SBI VC Trade, as the crypto exchange’s registered accounts surpassed 2 million.

The crypto arm of Tokyo-based financial group SBI Holdings said use of its enterprise service, SBIVC for Prime, has grown as the weak yen pushes companies to expand their reserves beyond cash, with increased demand from companies that distribute Bitcoin or XRP through shareholder benefit programs.

He announced the number of accounts on Tuesday, approximately double the million he had counted in 2025.

The 2 million figure combines its VCTRADE and BITPOINT services and follows the merger of SBI VC Trade in April 2026 with its sister company BitPoint Japan. The company plans to fully integrate the two brands toward the end of December, which it says should reduce costs and unify service levels.

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