SBI VC Trade Co., Ltd. (SBI VCトレード株式会社) — Japan crypto-asset exchange operator overview
ConfidenceLikelyUpdated2026-07-29Review by2027-01-29Sources8Machine-translatedOriginal (JA)
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This entry sits under exchanges index. Read it against Jp Exchange Coincheck for peer / contrast context and FSA crypto-asset exchange registration system — number system / Local Finance Bureau jurisdiction / registration requirements for the broader system / regulatory boundary.
FSA registration number, Kanto Local Finance Bureau 第00011号 · JVCEA member #1011 · registration date 2017-12-01
1. Corporate / shareholders
- Trade name: SBI VCトレード株式会社
- English notation: SBI VC Trade Co., Ltd.
- Established: 2017年5月26日
- Head-office location: Izumi Garden Tower, Roppongi 1-6-1 , Minato-ku, Tokyo, postal code 106-6021
- Capital: JPY 6.35 billion
- Shareholders: SBI Group 100% (parent company: SBI Holdings, Inc., listed on TSE Prime, securities code 8473)
2. License / registration status
The company’s official profile lists three registrations: crypto-asset exchange business, Type I financial instruments business, and electronic-payment-instruments business. A comparative “only operator in Japan” claim is not used because other firms’ registrations can change.
The registration numbers below are based on the company’s profile and the FSA registers. ^[Sources: https://www.sbivc.co.jp/company-profile; https://www.fsa.go.jp/menkyo/menkyoj/kasoutuka.xlsx; https://www.fsa.go.jp/menkyo/menkyoj/denshikessaisyudan.xlsx.]
| Business | Registration number | Notes |
|---|---|---|
| Crypto-asset exchange business | Director-General of the Kanto Local Finance Bureau 第00011号 | Registered 2017-12-01 |
| Type 1 financial instruments business (crypto-asset derivatives) | Director-General of the Kanto Local Finance Bureau (Kinsho) 第3247号 | OTC-derivatives capable |
| Electronic-payment-instruments business | Director-General of the Kanto Local Finance Bureau (Electronic Payment Intermediary) No. 00001 | USDC is listed as the handled electronic payment instrument |
- JVCEA membership type: Type 1 (member number 1011)
- Associations joined: Japan Virtual and Crypto assets Exchange Association (JVCEA), Japan Cryptoasset Business Association (JCBA), Japan Digital Economy Federation, Japan Digital Decentralized Finance Association, JPCrypto-ISAC
Electronic-payment-instruments / USDC cross-link
In the FSA’s list of registered electronic-payment-instruments operators, SBI VC Trade is listed as a registered operator under the Director-General of the Kanto Local Finance Bureau 第00001号, with the handled electronic payment instrument being USDC. Accordingly, the company is not merely a crypto-asset exchange operator but is also a primary route for reading Japan’s electronic-payment-instruments / stablecoin implementation.
Related stablecoin routes: japan-ecisb-license, japan-stablecoin-regulatory-landscape, stablecoin-channel-japan-sbi-jpyc-ring, jpyc, progmat.
3. Currencies handled
The official product pages retrieved on 2026-05-18 showed crypto assets including BTC, ETH, XRP, and SOL, and USDC as an electronic payment instrument. Availability changes, so this entry does not fix a total or domestic rank.
Features:
- USDC began general trading on 2025-03-25. Under electronic-payment-instruments business registration No. 00001, the company provides JPY-USDC spot exchange and a USDC lending service launched on 2026-03-18.
- Has staking-capable tokens (ETH · SOL, etc.).
- A somewhat broader listing lineup than other domestic operators, including NIDT (Nippon Idol Token) · FLR (Flare) · XDC.
4. Scope of business
The following service categories are based on the company’s official service catalog and USDC page. Eligible assets, rates, and tax treatment can change and should be checked in the applicable contractual documents. ^[Sources: https://www.sbivc.co.jp/; https://www.sbivc.co.jp/usdc.]
| Service | Overview |
|---|---|
| Spot dealer | Spread trading against JPY |
| Spot exchange (order-book trading) | Maker/Taker fee scheme, VCTRADE Web provided for PC |
| Leveraged trading (OTC derivatives) | Up to 2 x (individuals), the ratio set by JVCEA (corporates) |
| Coin lending | Crypto-asset consumption loans for individuals and corporates |
| Accumulation | Fixed-amount automatic accumulation |
| Staking | PoS tokens such as ETH |
| SBI Web3 Wallet | Self-custody linkage |
| SBIVC for Prime | OTC-dedicated service for large-lot / corporate clients |
| USDC lending | USDC coin-lending service |
Fiat-currency deposit channels: bank transfer · quick deposit (Pay-easy, etc.). Account-management fees, annual fees, yen deposit/withdrawal fees, and crypto-asset deposit/withdrawal fees are free.
5. Market share / trading volume
The March 2026 capital-adequacy ratio is a dated IR metric and is not used as a trading-volume or account-count comparison. The official materials reviewed on 2026-07-29 contain no company-level account or monthly-volume figures comparable across firms, so this entry does not infer a domestic rank or migrated-account scale.
6. History / major incidents
The table below is limited to corporate reorganizations, registrations, and asset migrations confirmed in official SBI Group and SBI VC Trade releases and FSA registers. Announced future events are distinguished from events whose effective dates subsequently occurred. ^[Sources: https://www.sbigroup.co.jp/news/2021/0901_12622.html; https://www.sbivc.co.jp/dmm_vct; https://www.fsa.go.jp/menkyo/menkyoj/denshikessaisyudan.xlsx; https://www.sbigroup.co.jp/news/2026/0130_16072.html; https://www.sbivc.co.jp/company-profile.]
| Period | Item |
|---|---|
| 2017-12-01 | Crypto-asset exchange business registered with the Director-General of the Kanto Local Finance Bureau 第00011号 |
| 2021-09-01 | Announced the merger resolution of SBI VC Trade and TaoTao Inc. (surviving company: TaoTao, dissolving company: SBI VC Trade; subsequently continued as the current SBI VC Trade Co., Ltd. via a trade-name change) |
| 2021-12-01 | Merger of TaoTao and the former SBI VC Trade took effect |
| 2024-12-02 | Concluded a basic agreement toward the migration of accounts / custodied assets with DMM Bitcoin |
| 2025-03 | Registered as an electronic-payment-instruments operator, Kanto Local Finance Bureau No. 00001 |
| 2025-03-08 | DMM Bitcoin accounts and custodied assets migrated to SBI VC Trade |
| 2026-01-30 | Announced the merger resolution of SBI VC Trade and BITPoint Japan Co., Ltd. (SBI VC Trade as the surviving company, effective date scheduled for 2026年4月1日) |
| 2026-04-01 | Absorption merger of BITPoint Japan took effect |
7. Strategic trends
- Three-registration business structure: the official company profile lists crypto-asset exchange, Type I financial instruments, and electronic-payment-instruments registrations. This entry makes no peer-comparison exclusivity claim.
- Corporate relationships within the SBI Group: SBI Securities (Kinsho No. 44, JVCEA #1041) and SBI FXTRADE (Kinsho No. 2635, JVCEA #1026) are financial-instruments operators in the same group. Corporate relationships alone are not used to infer service linkage or integration. SBI Holdings has an investment and partnership relationship with Ripple Labs (XRP-related).
- BITPoint Japan merger (effective 2026-04 ) aims at concentrating management resources within the group in anticipation of strengthened crypto-asset regulation under the Financial Instruments and Exchange Act (per the official announcement). Even after the merger, the 2 brands VCTRADE and BITPOINT will be maintained for the time being.
- Has set up a point of contact for MTGOX creditors, and is also involved in the asset return associated with the Mt. Gox liquidation (details within the scope of public information).
8. Related persons
- Representative Director and Chairman: Fuminori Ozaki (as of 2026年5月)
- Representative Director and President: Tomohiko Kondo (as of 2026年5月)
- Directors: Yoshitaka Kitao (Representative Director and CEO of SBI Holdings), Satoe Kusakabe, Kentaro Kuba, Hiroyuki Ogawa
- Auditor: Katsumi Kitahara
Related
- japan-financial-regulation — Japanese financial regulation as a whole
- japan-ecisb-license — Explanation of the electronic-payment-instruments-business regime
- japan-stablecoin-regulatory-landscape — Related stablecoin regime
- jp-trust-type-sc-architecture — Related SC regime
- jpyc — Funds-transfer-type JPY stablecoin issuer
- progmat — Trust-type stablecoin / tokenization platform company anchor
- stablecoin-channel-japan-sbi-jpyc-ring — SBI × JPYC stablecoin channel
- jp-exchange-binance-japan — Industry peer overview (Binance Japan)
- jp-exchange-gmo-coin — Industry peer overview (GMO Coin)
- sbi-hd — SBI Holdings parent-company profile
- jp-cex-deposit-token-stablecoin-integration — JP CEX deposit token / stablecoin integration
- global-stablecoin-regulatory-five-pole-matrix — Global stablecoin regulation 5 -pole comparison
Sources
- SBI VC Trade company overview (accessed 2026-05-18)
- SBI VC Trade USDC special page (accessed 2026-05-18)
- SBI VC Trade DMM Bitcoin migration special site (accessed 2026-05-18)
- JVCEA member list (accessed 2026-05-18)
- FSA crypto-asset-exchange-operator registration list (snapshot 令和8年4月1日 = see 2026-04-01)
- CoinPost: SBI VC Trade and TAOTAO, crypto-asset exchange operators under SBIHD, to merge (accessed 2026-05-18)
- CoinPost: SBI VC Trade and BITPoint Japan to merge, scheduled to integrate in 4 this year (accessed 2026-05-18)
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