SBI VC Trade and TORICO Begin Collaboration on Ethereum Trading, Custody, and Management

SBI VC Trade, a cryptocurrency exchange under SBI Holdings, announced on the 12th that it has started a collaboration with TORICO, a company listed on the Tokyo Stock Exchange Growth market and engaged in Ethereum treasury operations, for Ethereum trading, custody, and management. The collaboration is implemented through 'SBIVC for Prime,' a service provided by SBI VC Trade for major clients. Specifically, it includes over-the-counter (OTC) transactions, cryptocurrency options, and a service excluding corporate tax on unrealized gains with a transfer restriction of over one year, all tailored for institutional investors. TORICO plans to expand its cryptocurrency operations by July 2025...