ChainCatcher news, reported by Coinpost, SBI Holdings' cryptocurrency exchange SBI VC Trade announced that it has signed an agreement with DMM Bitcoin regarding the transfer of customer accounts and custodial assets. The transfer is scheduled to take place on March 8, 2025, at which point all customers of DMM Bitcoin will be integrated into SBI VC Trade.

During the transfer process, customers will not need to undergo new account opening procedures, as SBI VC Trade will handle it uniformly. The transfer will include all customers who had opened accounts at DMM Bitcoin as of March 4, along with their Japanese yen and spot cryptocurrency assets.