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As mentioned in the title, I don't think it's a coincidence the increase in sales falls in the same quarter as SBIVC starting its operations. Also it gives us a glimpse of what SBIVC is capable of when ready for retail ("blink of an eye") and more generally when regulated (and thrustworthy) institutions will launch a product. Looking forward to Bakkt and SBIVC for retail.
From https://www.sbivc.co.jp/topics/ . Sorry if this has been posted before, but I didn't find anything. Their original topic said that they will announce a date when they start in February this year. Looks like they delayed it again to sort out security measures and the management of assets under custody. After all this is a huge project and not "just another exchange". There are real banks involved afaik and there are certainly many rules and regulations in place that have to be taken care of. I can wait a few more months, if it means that they just do it right from the beginning. Better safe than sorry. I am still under the impression that we will look back in a few years and say something like: "SBI VC, of course. That's when it all began."