On December 2nd, news from Japan's cryptocurrency exchange DMM Bitcoin stated that it raised approximately 55 billion yen (365.1 million USD) through various financing plans in June. Specifically, on June 3rd, the company raised 5 billion yen (33.2 million USD) through loans; on June 7th, it raised 48 billion yen (318.6 million USD) through capital increase. The last funding was received on June 10th, when DMM Bitcoin obtained an additional 2 billion yen (13.3 million USD) through subordinate loans. The official statement said that DMM Bitcoin plans to cease operations after completing the asset transfer to SBI VC Trade. SBI VC Trade announced on Monday that it plans to begin handling spot trading of the 14 cryptocurrencies currently traded on DMM Bitcoin before completing the transfer of custodial assets. This morning, DMM Bitcoin stated that it will stop operations. Due to a theft incident at the end of May this year involving 48.2 billion yen worth of Bitcoin, which restricted its services, the company abandoned its attempts to restructure operations. The customer assets held by DMM Bitcoin are expected to be transferred to SBI Group's cryptocurrency exchange SBIVC Trade around March 2025. In May, DMM Bitcoin suffered a hacking attack and lost 4502.9 BTC, amounting to a loss of 305 million USD.

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