SBI VC Trade provides comprehensive Crypto Assets services for LibWork, as the construction industry embraces a new era of Blockchain.

[Coin World] Japan's leading crypto assets exchange SBI VC Trade has begun to provide comprehensive digital asset services for the financial strategy of construction company LibWork. SBI VC Trade has launched Bitcoin trading, custody, and investment management services for LibWork, marking a significant expansion in the construction sector. Additionally, it demonstrates how traditional industries are increasingly adopting encryption financial strategies.

After the news was released, LibWork's stock price initially soared to $5.44 (800 yen). However, profit-taking activities later pushed the stock price down to $5.25 (771 yen), a decrease of 2.41% from the previous trading day. The initial positive response indicates investor interest in developments related to Crypto Assets. However, the short-term fluctuations suggest that market participants remain cautious about its sustainability.

This collaboration will strategically position SBI VC Trade in the institutional Crypto Assets service sector. The exchange has seized the growing demand for financial solutions from Japan's traditional industries. Professional-grade infrastructure enables clients to effectively execute digital asset strategies. At the same time, it maintains regulatory compliance and operational safety standards.

LibWork plans to undertake an ambitious blockchain integration, going beyond simple shareholding. The company will develop a real estate trading system integrated with Crypto Assets and an NFT-based ownership system. Its international payment capabilities target emerging markets in Southeast Asia and the Middle East. A robust trading and accomplice infrastructure facilitates these expansion plans.

LibWork announced several groundbreaking initiatives in July. The company unveiled the world's first 3D printed house NFT tokenization project. At the same time, it introduced a cryptocurrency payment integration feature for real estate purchases. Subsequently, the company decided in August to purchase Bitcoin worth $3.4 million. This is a mature mid- to long-term asset management strategy.

This collaboration significantly expands the institutional client base of SBI VC Trade. The exchange demonstrates the ability to provide comprehensive solutions for traditional industries. If successful and emulated by other mature Crypto Assets platforms, the industry can effectively connect traditional industries with digital asset applications, thereby creating potential templates for similar collaborations.

The construction industry is increasingly recognizing the potential of Crypto Assets in operational transformation, while traditional enterprises are also more inclined towards diversified funding strategies. The entry of SBI VC Trade comes at the right time and can fully leverage this trend.