Vctrade, the encryption exchange recently launched by the Japanese financial firm SBI Holdings, placed deposits in Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP). The company announced it in a statement published on December 21. The statement further states that the stock market, which was launched in July, consider adding Bitcoin Cash (BCH) deposits after further crypto value estimates. The SBI also explained that raising cryptocurrencies would be available until late January 2019 and would be limited to a physical portfolio that the company qualifies as a "portfolio".
The ability to use a single portfolio, according to the statement, should "link the client's address", thus ensuring the proper implementation of measures to prevent money laundering and terrorist financing on the stock market.
As Cointelegraph reported in September, SBI Holding's subsidiary SBI Savings Bank signed a Memorandum of Understanding with Dayli Intelligence, a company specializing in artificial intelligence and blockchain technology. The bank would make this decision to strengthen its business in fintech.
SBI Holdings also announced in August that it has made another investment in the exchange of crypt valued LastRoots.