The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Ripple Partner Bringing Crypto Exchange for XRP, Bitcoin and Bitcoin Cash to 23 Million Customers

by Daily Hodl Staff
July 2, 2018
in Trading

Ripple partner and Japanese financial powerhouse SBI Holdings says it will bring customers from its massive userbase of more than 23 million people to its new cryptocurrency exchange.

SBI Virtual Currencies launched VCTRADE last month. The cryptocurrency trading platform initially featured only XRP, and has since added Bitcoin and Bitcoin Cash – all paired with the Japanese yen. The platform is one of only a handful of government-approved crypto exchanges in Japan. So far, the platform is open to a limited number of pre-registered users, but that’s about to change.

The full-scale launch is set for this month, and according to SBI, the company expects to bring a flow of users from its huge customer base onto the platform.

“At the launch of full-scale services, expecting customer inflow from the SBI Group’s customer base of 23.47 million, specifically, SBI SECURITIES with approx. 4.26 million accounts, SBI Sumishin Net Bank with approx. 3.21 million accounts, and SBI Liquidity Market, including SBI FXTRADE, with approx. 1.05 million accounts, etc.

Through mutual collaborations between business ecosystems, endeavor to realize a seamless trading environment between existing financial ecosystem companies.”

In April, the president of SBI Holdings Yoshitaka Kitao said he expects the platform to burst onto the cryptocurrency scene. According to Business Insider Japan, Kitao said once the platform fully launches “it will be number one in the blink of an eye so quickly, so even if a tremendous number of customers come, we can build a system that can bear [it].“

Kitao remarked last month that he believes cryptocurrency and blockchain will fuel the next economic boom in Japan.

SBI Holdings invested in Ripple in January of 2016. The company offers a wide variety of services to its customers, from brokerage and investment banking to foreign exchange services, insurance, peer-to-peer lending and more.

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Ethereum-Based Meme Project Pepeto (PEPETO) Surges Past $6.5 Million in Presale
    August 29, 2025
  • SKALE Labs Launches SocialFi Incubator To Fund the Next Generation of Viral Web 3.0 Social Applications
    August 28, 2025
  • ECM Blockchain Sets a Landmark As Bangladesh’s First Global Blockchain Project
    August 28, 2025
  • GCL Subsidiary, 2Game Digital, Partners With KuCoin Pay To Accept Secure Crypto Payments in Real Time
    August 28, 2025
  • USDT0 and XAUt0 Are Now Live on Polygon
    August 27, 2025
  • From Zero to Crypto Hero in 25 Minutes – Changelly Introduces a Free Gamified Crash Course
    August 27, 2025
  • MBG Token Supply Reduced by 4.86 Million in First Buyback and Burn by MultiBank Group
    August 27, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$108,641.11
$108,641.11
1.18%
Ethereum
$4,393.48
$4,393.48
0.86%
BNB
$860.22
$860.22
0.26%
Solana
$202.53
$202.53
2.87%
XRP
$2.81
$2.81
2.66%

Spotlight

  • Coinbase Says One Crypto Sector Could Explode 300% and Hit Market Cap of $1,200,000,000,000 by 2028
    August 23, 2025
  • Bitcoin Downturn Has Failed To Dampen Investor Confidence, According to Analytics Platform Glassnode – But There’s a Catch
    August 23, 2025
  • Wells Fargo Refuses To Reimburse College Student After $4,400 Drained From His Bank Account – And Now He Has To Work Two Jobs To Cover the Loss: Report
    August 23, 2025
  • Bitcoin Whale Abruptly Wakes Up After Lying Low for Seven Years, Gobbles Up Ethereum After Dumping $337,000,000 in BTC: On-Chain Data
    August 23, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl