[SBI VC Trade Co., Ltd.] SBI VC Trade x METAPLANET Notice of start of partnership in Bitcoin trading, storage, and operation
*SBI VC Trade Co., Ltd.*
Press release: September 2, 2024
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SBI VC Trade x METAPLANET Announcement of start of partnership in Bitcoin trading, storage, and operation
SBI VC Trade Co., Ltd. (Headquarters: Minato-ku, Tokyo, Representative Director and President: Kondo
Tomohiko (hereinafter referred to as the “Company”) is a company listed on the TSE Standard Market that strategically accumulates Bitcoin (BTC). We are pleased to announce that we will be partnering with Yahoo! Co., Ltd. to provide various support for Bitcoin transactions, storage, and operations.
Focusing on Bitcoin’s scarcity and non-political monetary policy, Metaplanet uses Bitcoin as its main financial asset, accumulating Bitcoin through both debt and equity financing, and currently has approximately 360 BTC. is held. As we continue to announce our “Bitcoin First, Bitcoin Only” strategy, we have decided to partner with our company to improve the sophistication of Bitcoin
transactions, storage, and operations.
Our company provides services for corporate customers, SBIVC for Through Prime, we are focusing on providing support for the trading, storage, and operation of crypto assets and Web3-related businesses. When collaborating with Metaplanet, we received particular praise for 1. The safe and secure SBI Group, 2. Utilization of crypto
asset-backed leverage trading, and 3. Services exempted from end-of-period mark-to-market valuation taxes, which led to the start of this partnership. Ta.
1. Safe and secure SBI Group
As a 100% subsidiary of the SBI Group under the umbrella of SBI Holdings Co., Ltd., which is listed on the TSE Prime Market, we are registered as a crypto asset exchange business and Type 1 financial instruments transaction business in accordance with domestic laws and regulations, and provide crypto asset-related services. We offer.
2. Utilization of crypto asset backed leverage trading
・Leverage trading service using physical crypto assets as margin It is possible to use not only Japanese yen but also the crypto assets held by the customer as the margin required for leverage trading, and all crypto assets held by our company, including stocks that do not offer leverage trading, can be used as evidence. It can be used as gold.
・Attractive funding rate
We use a “funding rate” method based on market trends for the open interest held by customers in leveraged trading, rather than the “leverage fee” system that collects daily fees commonly used in Japan. I am. If the funding rate is negative, customers can receive rewards on a daily basis.
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