SBI VC Trade has sealed a deal 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 has finalized a deal to receive the assets of the hacked crypto exchange DMM Bitcoin, with the exchange’s customers to have accounts 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 an account with SBI as it will automatically create accounts for transitioning DMM users.
