SBI VC Trade is set to take over the accounts and assets of DMM Bitcoin, the crypto-focused subsidiary of Japanese financial giant SBI Holdings! 🎉
- This takeover, which will take place on March 8, 2025, will complete the liquidation process of DMM Bitcoin following the $305 million hack in 2024.
- DMM users will automatically be transferred to SBI without opening a new account. Both fiat and crypto assets will be transferred.
- SBI will add 14 new cryptocurrencies to its platform. 🎊
Let's discuss the market impact of this takeover in the comments! 💬