What to know:
- Solana treasury deal gives SBI VC Trade control of WIZE’s SOL custody and trading.
- WIZE chose SBI VC Trade after reviewing compliance, security, and institutional support.
- Morgan Stanley’s MSOL filing adds to growing institutional focus on Solana products.
Solana treasury activity in Japan gained new support after SBI VC Trade agreed to manage SOL holdings for Tokyo-listed WIZE. The Ripple-backed SBI Holdings subsidiary will oversee trading, custody, storage, and asset management under WIZE’s long-term digital asset strategy framework.
According to SBI VC Trade, the agreement applies to assets of Solana owned via WIZE’s balance-sheet strategy. It will be offered via SBIVC, its platform for corporate and institutional customers. It provides trading services, treasury management, asset management, and Web3 services using cryptocurrencies.
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WIZE Moves Solana Treasury Operations to SBI VC Trade
WIZE will use SBIVC for Prime for transaction execution and custody of its SOL holdings. According to the deal, SBI VC Trade will have an operational identity in the company’s Solana treasury plan. It also puts the Japanese crypto company in charge of buying, storing, and running the assets.
In 2025, WIZE established the Solana Treasury Business. The company established SOL as a part of its corporate agenda. It also asserted that digital assets could be used as a supplement to its social entertainment and media business. The new agreement moves the operational part to SBI VC Trade.
SBI VC Trade stated that WIZE chose the firm out of the various firms studied. The review took into account regulatory compliance, security controls, and support for institutional digital asset services.
The following points were stated in the company’s announcement. The decision connects WIZE’s Solana wallet treasury with a licensed Japanese crypto service provider.
SBI VC Trade has been registered to offer services related to cryptocurrencies in Japan. The company is compliant with the country’s regulations on digital assets. It is also a part of SBI Holdings, which has long been involved in business with Ripple via investment and partnership.
Solana Treasury Demand Grows Among Institutions
The deal for SBI VC Trade represents the first corporate customer for the institutional digital asset business of SBI. According to the company, SBIVC for Prime caters to clients who require trading, custody, treasury, asset management, and Web3 support. The deal also further reinforces its part in treasury services on Solana.
The collaboration is taking place amid growing institutional interest in Solana. Asset management, corporate treasury, and financial institutions have delved into Solana-related products and investment structures. With the WIZE arrangement, a listed Japanese company is added to that activity.
Morgan Stanley recently filed an application for an exchange-traded fund to spot Solana. If passed, the proposed fund will be called MSOL. It would directly hold SOL and pledge part of its assets to earn yield for investors.
If approved by the U.S. Securities and Exchange Commission, the ETF will be listed on NYSE Arca, the filing said. The proposal is in addition to the SBI-WIZE agreement. However, both developments show institutional attention around Solana products and Solana treasury structures.
SBI Holdings has entered the world of AI by partnering with Anthropic. The company said the collaboration will bring Claude AI technology into its wider company operations.
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