Japan Strengthens Corporate Crypto Adoption with SBI VC Trade
With cryptocurrency adoption growing in Japan, SBI VC Trade, a subsidiary of SBI Holdings, has made a significant move by partnering with Convano, a listed company on the Tokyo Stock Exchange Growth market. Through its corporate Bitcoin solutions, SBI VC Trade is enabling Convano to strategically incorporate Bitcoin into its financial management systems, aiming to hold 21,000 BTC by March 2027.
Benefits of SBI VC’s “SBIVC for Prime” Service
The innovative “SBIVC for Prime” service package provides institutional clients like Convano access to preferential trading options, tax optimization services, and competitive fee structures. Major highlights include:
- Reduced staking fees from 25% to 10%.
- Tax exemptions for corporate crypto assets held longer than a year.
- Special pricing on large Bitcoin transactions.
Convano, known for its FASTNAIL chain of nail salons across Japan, currently holds 519.93 BTC and is among several companies shifting their financial strategies to embrace cryptocurrency as a long-term treasury asset.
Why Japan’s New Crypto Regulations Matter
Japan has recently introduced crypto-friendly regulations that reduce corporate crypto tax rates from 55% to 20%. This move makes cryptocurrency more attractive for organizations considering integrating digital assets into their financial portfolios. The effort by Japan’s Financial Services Agency (FSA) to consolidate crypto regulation under its Financial Instruments and Exchange Act has significantly clarified the use of cryptocurrencies as treasury assets, boosting institutional confidence.
SBI VC Trade’s Growing Client Base
SBI VC Trade’s package is gaining traction among Japan’s corporate giants. A year ago, MetaPlanet, another prominent client, signed a similar deal and now holds 20,000 BTC. Their partnership has allowed MetaPlanet to raise as much as $3.7 billion through shareholder mobilization. Other corporations, like RemixPoint and Bakkt International, are also integrating crypto solutions, reflecting the rising momentum of Bitcoin in Japan’s financial sector.
Crypto Opportunity for Businesses
Corporate interest in Bitcoin is no longer a speculative trend but a concrete strategy to diversify financial portfolios and optimize tax efficiencies. Japan’s regulatory reforms, combined with SBI VC Trade’s tailored services, are setting a precedent for how businesses can seamlessly incorporate cryptocurrencies into their operations.
Explore Crypto Tax Solutions
If your business is ready to explore Bitcoin as a treasury asset, consider working with trusted solutions like SBI VC Trade. For larger organizations, platforms such as the Fireblocks Payment Network offer enhanced cross-border stablecoin solutions to optimize transactions and expand financial opportunities.
Stay ahead in the financial landscape as businesses like Convano and MetaPlanet lead the way in adopting cutting-edge crypto solutions.
