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Japanese corporates add Bitcoin and XRP to treasuries as the yen weakens, pushing SBI VC Trade’s registered accounts past 2 million – a doubling since 2025.
Bitcoin slipped 3.4% to $61,755 and XRP fell 4.7% to $1.07 on July 7, yet both assets are seeing fresh corporate demand in Japan, where a soft yen is prompting firms to diversify cash reserves into crypto [1].
| At a glance | |
|---|---|
| Bitcoin price | $61,755 |
| 24h change | –3.4% |
| XRP price | $1.07 |
| 24h change | –4.7% |
| Corporate crypto accounts | 2 million (registered) |
| Catalyst | Weak yen driving treasury diversification |
SBI VC Trade, the crypto arm of SBI Holdings, reported that its combined VCTRADE and BITPOINT services now hold over 2 million registered accounts, roughly double the 1 million counted in 2025 [1]. The surge follows the April 2026 merger with BitPoint Japan and reflects growing interest from Japanese firms that are allocating Bitcoin or XRP through shareholder‑perk programs to hedge against a depreciating yen.
The same platform has expanded its stablecoin offerings, listing USDC in March 2025 and adding Ripple’s dollar‑backed RLUSD and the yen‑pegged JPYSC in June 2026 [1]. These tokens, together with newly launched lending products against stablecoins, are cited as additional drivers of crypto adoption among both retail and corporate users in Japan.
While Bitcoin and XRP prices fell on the day, the broader trend shows Japanese corporates moving away from cash‑only treasuries. The yen’s weakness – the sharpest bearish stance since 2007 according to hedge‑fund data – has made crypto an attractive diversification tool, even as the overall Japanese crypto market remains smaller than that of the U.S. or South Korea due to strict licensing [2].
The rise in corporate crypto holdings underscores a shift in Japanese treasury strategy: firms are increasingly viewing Bitcoin and XRP as viable hedges against currency risk, a trend that could reshape demand dynamics if the yen continues to weaken.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jul 8, 2026 · How we report
Users deposit cryptocurrency to earn interest as lenders, or they lock their digital assets as collateral to borrow funds without selling their holdings.
It is a decentralized financial service that operates across multiple blockchain networks, allowing users to lend and borrow assets on different chains to increase accessibility and liquidity.
Some platforms operate as decentralized protocols without credit checks, while others, such as Nexo, may obtain specific authorizations to offer regulated credit services within local consumer credit frameworks.
Primary risks include market volatility, the potential for collateral liquidation, and the fact that funds deposited on these platforms are typically not insured.