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SBI VC Trade to manage Solana treasury operations for Tokyo-listed WIZE, boosting institutional Solana support.

Market News
05 Jun 2026
Crypto news
View Source
Bullish
pluang ai news

SBI VC Trade, a subsidiary of SBI Holdings backed by Ripple, will manage the trading, custody, and treasury operations of Solana (SOL) assets for Tokyo-listed company WIZE. This partnership follows WIZE's launch of its Solana Treasury Business in 2025, positioning SOL as a key part of its corporate treasury strategy. SBI VC Trade was chosen for its strong compliance, security, and institutional support capabilities, operating under Japan's regulatory framework. The deal highlights growing institutional interest in Solana, with other firms like Morgan Stanley also pursuing Solana-related investment products such as a spot SOL ETF in the U.S. market.

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