SBI VC Trade, a subsidiary of Ripple partner SBI Holdings, will offer Solana trading, custody and management services to institutional investors in Japan. The exchange partnered with Tokyo-listed WIZE, which adopted a Solana treasury strategy in 2025, to handle the trading and storage of SOL tokens.
SBI VC Trade, a subsidiary of Ripple partner SBI Holdings, will offer Solana trading, custody and management services to institutional investors through a partnership with Tokyo-listed WIZE.
"SBI VC Trade will handle the trading, storage, and management of SOL tokens for institutional clients," the company said in a statement, adding that services will be available through its SBIVC platform for large-scale investors.
WIZE, which launched its Solana treasury strategy in 2025, selected SBI VC Trade after evaluating regulatory compliance, operational security and institutional support capabilities, per the announcement. The partnership covers transaction execution, asset custody and asset management for Prime members, with support extending to crypto trading, treasury management and Web3 services.
The expansion comes as Solana ETFs launch in the US, drawing institutional capital into the ecosystem. SBI Holdings, which has invested in Ripple and partnered with AI startup Anthropic, is expanding its exchange arm to capture a share of Japan's growing institutional crypto demand.
SBI VC Trade is registered to offer crypto services in Japan and operates under the country's regulatory framework for digital asset businesses. The exchange's entry into Solana custody follows a broader push by SBI Holdings into digital assets and artificial intelligence.
The WIZE partnership marks the latest corporate treasury adoption of Solana, though the asset has faced headwinds. Forward Industries, the largest publicly listed Solana holder, deposited 455,784 SOL worth $31.87 million into Coinbase Prime on June 5, reviving speculation that the company may trim a position deep in the red. Forward accumulated about 6.83 million SOL at an average cost of $232.08 per token, and SOL has since fallen roughly 72% to trade near $66, according to CoinGecko data.
This article is for informational purposes only and does not constitute investment advice.
