CeFi lending · Japan

HashHub Lending

Active Japanese centralized crypto-asset lending service currently operated by SBI Digital Finance Inc. Customers lend crypto assets to the operator under a lending / quasi-consumption-loan structure and receive lending fees according to published conditions.

Also known as: HashHubレンディング, HashHub Lending Service

Status
Active
Outcome
Not applicable
Confidence
High
Last verified
2026-08-14
Launch
End
Failure reasonUnknown
Events1
Evidence6
Products1

Case summary

What happened

HashHub Lending remains active under SBIデジタルファイナンス株式会社. On 2024-04-01, a company split transferred the HashHub Lending service and related contractual rights and obligations from 株式会社HashHub to the newly established SBIデジタルファイナンス株式会社. Current first-party materials describe customer assets as borrowed by the operator and potentially deployed through arbitrage, third-party lending, staking and DeFi. In 2026, new DAI lending intake ended on 2026-05-20 and DAI lending-fee accrual stopped from 2026-07-01, while BTC, ETH, USDC, XRP and SOL lending remained advertised. Published rates, security language and deployment descriptions are issuer claims, not independent evidence of realized returns, reserves, guarantees or solvency.

Customer result

Customer outcome

Not applicable

The 2024 company split changed the contractual service provider but is not recorded as a customer-loss or impairment event. Current contractual return obligations, continued operation and published lending-fee rates are not proof of universal realized repayment or solvency.

Estimated recovery
Not applicable
Repayment started
Repayment completed
Confidence
High

Asset treatment

Terms risk

Platform-owned

Current first-party guidance states that return requires an application, the lending period runs through the end of the following month, and return is then executed within five business days, with return fees applying. Monthly lending-fee rates may change. The operator-transition on 2024-04-01 transferred HashHub Lending contractual rights and obligations to SBI Digital Finance. Published rates, security claims and asset-deployment descriptions are not independent guarantees of principal protection or solvency.

Affected product
HashHub Lending
Confidence
High

First-party materials characterize HashHub Lending as a crypto-asset (quasi-)consumption-loan arrangement: customers lend crypto to the operating company, and the borrower has contractual obligations to return principal-equivalent crypto quantity and lending fees. Current materials also state that borrowed assets may be deployed through arbitrage, third-party lending, staking and DeFi. CYA therefore treats the economic structure as platform-owned / borrower-counterparty exposure during the loan rather than segregated customer custody. This classification does not independently determine legal title or insolvency priority.

Source: 会社が破綻した場合に貸し出した資産は保護されますか?

Known unknowns

Uncertainty

The reviewed first-party material does not establish a sufficiently reliable exact original launch day, so launch_date remains unset. Current lending-fee rates, security/risk-management statements, asset-deployment descriptions and legal/regulatory characterizations remain issuer statements and may change. The operator-transition event is exact to 2024-04-01 from first-party company-split documentation.

Chronology

Historical record

OtherHigh impact1 sources

HashHub Lending rights and obligations transfer to SBI Digital Finance

A company split changed the HashHub Lending service provider from HashHub Inc. to newly established SBI Digital Finance Inc. effective 2024-04-01, with HashHub Lending-related contractual rights and obligations transferred to the new company and no customer balance-migration action required according to the first-party notice.

This is a first-party documented operator and contractual-counterparty transition, not an acquisition, shutdown, loss event or evidence of customer impairment.

Source record

Evidence dossier

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Showing 6 of 6 evidence records

Entity

1 sources
Official statementHigh

HashHubレンディング | 暗号資産から安定した収益を。

HashHub Lending / SBIデジタルファイナンス株式会社

Current first-party surface describes an active crypto-asset lending service in which customers lend assets to the operator and receive lending fees according to published conditions. Current headline rates and risk-management language are issuer claims, not independently verified performance or protection guarantees.

ownership

1 sources
Official statementHighEvent linked

会社分割による新会社設立及び組織再編のお知らせ

HashHubレンディング運営事務局 / 株式会社HashHub · 2024-02-27

First-party reorganization notice states that effective 2024-04-01 the HashHub Lending service provider would change from 株式会社HashHub to newly established SBIデジタルファイナンス株式会社 and that financial-business rights and obligations, including HashHub Lending contractual rights and obligations, would transfer through the company split.

status

1 sources
Official statementHigh

2026年7月 貸借料率のお知らせ

HashHubレンディング運営事務局 · 2026-06-26

Current first-party rate notice documents active BTC, ETH, USDC, XRP and SOL lending and states that DAI lending-fee accrual stopped from 2026-07-01 after new DAI lending intake ended on 2026-05-20. Published rate figures and statements concerning asset deployment are issuer terms/claims, not verified realized returns.

terms risk

3 sources
Official statementHigh

返還タイミングはいつですか?

HashHubレンディング運営事務局

First-party return FAQ states that the lending period ends at the end of the month following a return request and that return is then executed within five business days, with return fees applying. This records current contractual/operational timing, not proof that every return has been executed on schedule.

Official statementHigh

会社が破綻した場合に貸し出した資産は保護されますか?

HashHubレンディング運営事務局 / SBIデジタルファイナンス株式会社

First-party FAQ characterizes HashHub Lending as a crypto-asset (quasi-)consumption-loan contract and says the borrower owes return of principal-equivalent crypto quantity and lending fees under the contract. It also confirms the 2024-04-01 service-provider transition to SBI Digital Finance. CYA treats the legal characterization as the operator's statement, not independent legal advice or proof of insolvency recovery.

Official statementHigh

貸し出し条件を教えてください

HashHubレンディング運営事務局

First-party lending-conditions FAQ states that lending fees are calculated under the applicable rate and credited monthly, rates may change by month, and return requires an application with a delayed return schedule and asset-specific fees.

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