Crypto exchange subsidiary of a banking group · Japan
SBI VC Trade (SBI Holdings)
SBI VC Trade Co., Ltd. · sbivc.co.jp (opens source in new tab)
Crypto readiness score
2/3 status dimensions verified · 1 initiative · last verified 2026-10-23
Score breakdown
How the number above is built — every input is a verified tracker status with a dated source.
| Component | Weight | Points | Basis (verified input) |
|---|---|---|---|
| Commercial availability | 35 | — | No verified status — not scored |
| Regulatory standing | 25 | 25 | Approved / authorised · initiative |
| Technical delivery | 20 | 8 | Pilot / proof of concept · initiative |
| Product breadth | 15 | 5 | 1 product category with a verified status: Crypto services |
| Recent verified activity | 5 | 0 | No verified change in the last 365 days |
Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology
Initiatives (1)
Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.
Crypto services · Japan
SBI VC Trade USDC handling (first Japanese EPI exchange registration)
- regulatory
- Approved / authorised2025-03-04
- technical
- Pilot / proof of concept2025-03-12
- commercial
- Unknown
SBI VC Trade, an SBI Holdings subsidiary, became Japan's first registered Electronic Payment Instrument Exchange Service Provider on 4 March 2025 and announced a limited-user USDC beta.
Scope: Japan; registration covers electronic payment instruments (stablecoins).
In tracker · last verified 2026-10-23
Licences & registrations
Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).
- Approved / authorised SBI VC Trade USDC handling (first Japanese EPI exchange registration)
FSA (Japan) · 4 Mar 2025
Official institutional[First in Japan] Completion of Registration as an Electronic Payment Instruments Exchange Service Provider for Handling Stablecoins (opens source in new tab)
Partners & providers
From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map
No partner or provider named in our verified sources yet.
Regulator records & actions
Register entries and regulator publications that name this institution.
- 2026-08-27Primary record · Financial Services Agency (Japan)List of Registered Electronic Payment Instrument Exchange Service Providers in Japan (opens source in new tab)
Markets (from stated target markets): Japan
Timeline
Status changes (tracker history), verified items and regulatory dates, newest first.
2025-03-12 · Status
Limited-user USDC beta announced.
2025-03-04 · Status
Registered with the Kanto Local Finance Bureau (No. 00001), per the FSA register.
Data: /api/banks.json (CC BY 4.0) · Spot an error? Corrections