SBI VC Trade Adds Convano After MetaPlanet Success in Corporate Bitcoin Services

SBI VC Trade, a subsidiary of Japan’s SBI Holdings, has begun offering Bitcoin trading and custody services to Japan’s DAT company Convano. Convano aims to hold 21,000 BTC by March 2027. SBI VC Trade will support corporate cryptocurrency holdings. This support includes trading options and tax-related arrangements. SBI Expands Services for DAT Companies On Friday, SBI VC Trade announced the provision of its “SBIVC for Prime” service package to Convano. This platform for institutional clients offers special preferential spreads for large transactions and price-specified trading. Additionally, it includes a corporate tax exemption service for crypto assets subject to transfer restrictions longer than one year, and reduces staking fees from 25% to 10%. Convano, a company listed on the Tokyo Exchange Growth, operates…