SBI VC Trade and Eole Collaborate for Enhanced Bitcoin Services

SBI VC Trade and Eole Partnership

SBI Holdings, based in Minato, Tokyo, has taken a significant step in the cryptocurrency landscape through its subsidiary, SBI VC Trade, a well-established exchange for digital assets. SBI VC Trade has announced a strategic partnership with Eole, a Tokyo-based company known for its innovative approach to cryptocurrency asset management. This collaboration aims to offer specialized services for institutional clients via the newly introduced "SBIVC for Prime" program. The goal is to enhance the trading, storage, and management of Bitcoin.

Eole has established a unique model focusing on the seamless acquisition, utilization, management, and expansion of cryptocurrency assets. By joining forces with SBI VC Trade, Eole aims to elevate the process of Bitcoin transactions and custodial services. This partnership emphasizes not only efficiency but also security, leveraging SBI Holdings' reputation and technological infrastructure.

Eole's Vision of Asset Management

Eole has a clear mission: to create new convenience and joy. It has launched communication services like "Rakuraku Renraku" and is actively engaged in various sectors, including HR data business through its platform "Job Ore". The company is also advancing into the cryptocurrency financial sector, utilizing AI and blockchain technologies, while aiming to build next-gen financial infrastructure that would embed cryptocurrency into everyday economic systems.

The collaboration with SBI VC Trade marks a pivotal moment for Eole, as it looks to integrate Bitcoin into its ecosystem more robustly. Together, the companies aim to explore stablecoin initiatives and other areas for future collaboration, ensuring they stay at the forefront of cryptocurrency trends.

SBIVC for Prime: What It Offers

The SBIVC for Prime program is designed to cater specifically to the needs of larger clients. By leveraging the extensive capabilities of SBI Group, including its global market-making partnerships, it provides a range of trading options with advantageous spreads for OTC transactions. This feature aims to ensure clients can execute trades reflective of their desired cryptocurrency prices while receiving immediate premium benefits.

Additionally, one of the standout features of SBIVC for Prime is a service that waives corporate taxes on unrealized gains for clients who can commit to holding their cryptocurrency assets for a minimum of one year under certain conditions. This aspect is particularly appealing to institutional investors looking to manage their tax liabilities more effectively.

Commitment to Excellence and Customer Focus

SBI VC Trade emphasizes its commitment to customer-centric innovations rooted in the overarching philosophy of SBI Group. By prioritizing customer perspectives, they aim to deliver services that meet the evolving demands of the cryptocurrency market. As they venture into this new partnership with Eole, they also express an eagerness for ongoing improvements, hoping to broaden their scope of services in the rapidly changing digital asset landscape.

For more information on the SBIVC for Prime service and corporate insights on cryptocurrency, you can visit:

Amid the evolving regulatory landscape and technological advancements, partnerships like that of SBI VC Trade and Eole signal a promising future for cryptocurrency utilization in various business aspects, ensuring that both companies remain at the cutting edge of financial services.