SBI VC Trade Teams Up with XDC Network for Japanese Expansion

XDC Network (formerly XinFin) has expanded its presence in the Japanese market through a partnership with SBI VC Trade, a cryptocurrency exchange subsidiary of SBI Holdings. XDC Network will be added to the exchange, offering a unique value proposition for the trade finance market. XDC saw significant growth in March, becoming one of the top 5 altcoin gainers. The network supports smart contracts and atomic cross-chain token transfers, while adhering to international data interchange standards. XDC Network also recently decentralized its governance through a DAO, allowing the community to determine fund distribution. The partnership aims to improve transparency and reduce costs in the Japanese trade sector.