The Unveiling Of The First Crypto-Trading Platform Owned By A Bank Targeting Institutional Investment
VCTRADE, owned by SBI Holding, has previously unveiled its services to open the trades with four cryptocurrencies: BTC, XRP, ETH and the BCH, The platform decided to cancel the inclusion ofthe BCH in June.
As a spokesman for the platform for Cointelegraph , unveiled new plans to expand the focus of the platform work.
The platform now provides services to individuals only, but the platform now aims to provide services to institutional and corporate investors following the implementation of anti-money laundering and counterterrorism solutions.
SBI Group intends to leverage the existing customer base in its investment companies to gain new customers in the Crypto market and currencies.
It is worth mentioning that SBI Holdings offers a long list of services to its clients, which includes brokerage services and local and international banking and investment.
The Japanese financial group has already invested in the company in 2016, and recently joined the CEO of SBI Holdings, to the Board of Directors of the company.
Please note, that is not a bit of financial advice, nor the WhaleToBe team’s view