Japanese banking giant SBI Holdings announced on Monday that its in-house cryptocurrency exchange is now live.

Japanese financial giant SBI Holdings announced on Monday that its in-house cryptocurrency exchange is now live, after a months-long delay due to security concerns.

Called VCTRADE, the service is currently only open for users who have pre-registered with the platform in October 2017, the company said in the announcement and expects it to be available for a wider public in July of this year.

In addition, SBI said as a first step, VCTRADE will focus on the trading of XRP, the native token derived from the Ripple protocol, after which the exchange will sequentially add supports for bitcoin and bitcoin cash, though an initial timeline for that remains unclear at this stage.

This article is extracted from: https://finance.yahoo.com/news/sbi-launches-japan-apos-first-032144656.html