Japanese Firms Diversify into Cryptos Amid Weak Yen

Japanese companies are turning to cryptocurrencies like Bitcoin and XRP as a weak yen pushes them to diversify their corporate treasuries. This shift is driven by firms looking to spread their reserves beyond cash, with added demand from companies that offer bitcoin or XRP through shareholder-perk programs.

SBI VC Trade's corporate service, SBIVC for Prime, has seen growth as a result of this trend. The crypto arm of Tokyo-based financial group SBI Holdings reported that its registered accounts passed 2 million, roughly double the 1 million it counted in 2025.

The milestone tracks a broader pickup in regulated crypto access in Japan, where stablecoins have also been gaining traction. SBI VC Trade listed USDC in March 2025 and added Ripple's dollar-backed $RLUSD alongside JPYSC, a yen-pegged token, in June 2026.