Japanese SBI Securities Will Release Cryptographic CFDs

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SBI Securities, a Japanese online trading giant known for providing mainstream assets, has launched cryptocurrency contracts for Difference (CFD), the platform’s first crypto product.

The broker has added CFDs to a variety of popular cryptocurrencies, including Bitcoin, Ethereum, XRP, Solana, and Dogecoin. The platform also allows Crypto CFD trading on weekends.

B2C2 as a liquidity provider

Trading service providers onboard B2C2 as the leading liquidity provider provided by Crypto.

SBI Securities is part of a large SBI group that also owns a 90% stake in B2C2.

Read more: Japan’s SBI Group Eye tokenize Asset Releases through ChainLink Partnership

David Rogers, CEO Asia-Pacific’s B2C2 (Photo: LinkedIn)

“The entry into SBI Securities’ digital asset market entry into the digital asset market is monumental, allowing previously undeveloped segments of traditional asset investors to easily touch cryptographic products from existing accounts.”

CFD is a leveraged reflexivity that allows traders who estimate the price of the underlying asset to take long or short positions. However, traders are not the basis and remove the need for custody in the case of cryptocurrencies.

These products are more suitable for active traders who open and close positions in minutes, hours or days. However, overnight leverage positions of CFDs often attract margin fees.

The minimum margin required for commercial crypto CFD transactions on SBI Securities is 50% of the open position.

Cryptocurrency is booming in Japan

This is the first cryptographic product offered by SBI Securities, but another unit of the conglomerate operates the crypto exchange, SBI VC Trade. B2C2 also offers market production services to Spot Crypto Exchange.

Japan currently has 32 approved crypto exchanges, with seven more platforms waiting to be approved. The country is also planning to classify cryptocurrencies as financial instruments under the bill expected in 2026.

Meanwhile, B2C2 is reportedly trying to raise $200 million from outside investors. Some of these funds will be used to reduce SBI’s 90% interest in the company. However, there is no official confirmation from B2C2 or SBI.