''.SBI VIRTUAL CURRENCIES.."

[jomz312]

SBI Holdings announced that its newly released digital asset exchange — SBI Virtual Currencies — will use XRP as the only digital asset supported at launch.

SBI Holdings is the leading financial service company in Japan. Their subsidiary, SBI Securities, is Japan’s largest online securities company with more than 4 million brokerage accounts.

The exchange is designed to provide a respected and reliable exchange for both its institutional customers and individual digital asset buyers in Japan.

SBI Holdings CEO and Executive Chairman Yoshitaka Kitao, told Ripple Insights why SBI Holdings believes so strongly in XRP.

“Not only does it have a clear use case, XRP is faster, cheaper and more scalable than any other digital asset,” Mr. Kitao said. “I strongly believe it will become the global standard in digital currencies.”


http://bitcoinist.com/sbi-holdings-to-list-xrp-at-the-launch-of-sbi-virtual-currencies/

https://asia.nikkei.com/Tech-Science/Tech/Japan-s-brokerages-joining-to-adopt-blockchain

[nc50lc]

Their strategy must be this, they have chosen a low value coin with a high chance to greatly increase in value at the start that can surely make their asset exchange gain at the same time.
They are like fueling the hype train where they were on-board.
After successful launch, other popular coins will surely be added.