SBI Holdings' cryptocurrency exchange SBI VC Trade recently announced an important plan: to sign an agreement with DMM Bitcoin to complete the transfer of customer accounts and custody assets by March 8, 2025. 🎉

This means that all customers of DMM Bitcoin will be integrated into SBI VC Trade, and customers will not need to go through new account opening procedures; SBI VC Trade will handle this process uniformly. This transfer involves all customers who had opened accounts at DMM Bitcoin as of March 4, along with their Japanese yen and spot cryptocurrency assets. 📊

This initiative may impact the user experience and market share of both exchanges, warranting continuous attention. 🔍