SBI VC Trade reached an agreement with DMM Bitcoin to receive the hacked exchange’s assets, with DMM customers expected to transition to SBI in March.
Japanese crypto-focused finance firm SBI VC Trade finalized a deal to receive the assets of the hacked crypto exchange DMM Bitcoin, with the exchange’s customer accounts to be ready in March.
SBI said in a Dec. 25 notice that it had agreed to accept all DMM customer accounts and assets, which will be transferred to the firm on March 8, 2025.
The firm said DMM customers won’t need to open accounts with SBI as it will automatically create them for transitioning DMM users.
