Japanese Exchange Partners with WIZE to Manage Solana Treasury

SBI VC Trade, a cryptocurrency exchange backed by Ripple through SBI Group, has entered into a partnership with WIZE to manage its Solana-focused treasury. This move marks a significant development in the institutional crypto landscape, where companies are increasingly turning to regulated intermediaries for custody and management services.

The partnership pairs a licensed Japanese crypto exchange with a firm looking to hold SOL as a corporate treasury asset. By outsourcing treasury management to SBI VC Trade, WIZE is opting for a more secure and compliant approach to holding digital assets on its balance sheet.