Japan’s SBI Group Is Building a New Crypto Exchange Wallet

Japanese financial services giant SBI Group has partnered with a blockchain security startup to develop a digital wallet for its recently launched cryptorrency exchange.

The Denmark-based startup, Sepior, announced in a press release Monday that SBI has licensed its proprietary “threshold signature” wallet technology for integration with its VCTRADE exchange to secure “on-line contents and transactions.”

VCTRADE was launched in June by SBI Holdings’ subsidiary SBI Virtual Currencies to become Japan’s first bank-backed, government-licensed cryptocurrency exchange.

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