DSRV Signs Staking Infrastructure Deal with SBI VC Trade

DSRV, a blockchain infrastructure company, signed a staking infrastructure supply contract with SBI VC Trade, a digital asset exchange under Japan's SBI Group, on the 21st. The partnership enables DSRV to support SBI VC Trade's staking service operations. Japan maintains strict regulatory standards for digital asset operators, and SBI VC Trade is registered with the Financial Services Agency (FSA), serving individual, institutional, and corporate clients with trading and custody services.

DSRV Supplies Staking Infrastructure to SBI VC Trade

DSRV announced the signing of a staking infrastructure supply contract with SBI VC Trade on the 21st. Under this agreement, DSRV will support the operation of SBI VC Trade's staking services. The partnership leverages DSRV's experience in operating domestic virtual asset service provider (VASP) infrastructure and its blockchain infrastructure capabilities.

SBI VC Trade Operates Under FSA Registration

SBI VC Trade is a digital asset exchange registered with Japan's Financial Services Agency (FSA). The platform provides digital asset trading and custody services to individual customers as well as institutional and corporate clients. Japan is recognized as a market with relatively strict regulations and operational standards for digital asset operators.

DSRV Expands in Japanese Market with VASP License

DSRV obtained a domestic VASP license in 2024. The company plans to expand its business in the Japanese market and globally, building on its operational experience in South Korea's virtual asset sector and its blockchain infrastructure management capabilities. Jung Ji-yoon, Chief Operating Officer (COO) of DSRV, stated, "Stable infrastructure operation and understanding of the regulatory environment are important in the digital asset business. We will expand our business in global markets including Japan based on the operational experience we have accumulated."

FAQ

What did DSRV announce on the 21st?
DSRV announced the signing of a staking infrastructure supply contract with SBI VC Trade, a digital asset exchange under Japan's SBI Group, on the 21st.

What regulatory status does SBI VC Trade hold in Japan?
SBI VC Trade is registered with Japan's Financial Services Agency (FSA) and provides digital asset trading and custody services to individual, institutional, and corporate clients.

When did DSRV obtain its domestic VASP license?
DSRV obtained a domestic VASP license in 2024.