SBI Holdings Acquires Bitbank for $300M to Create Japan's Largest Crypto Exchange
By
Kevin Helms
11d ago· 3 min readenNews
Summary
SBI Holdings, a Japanese financial giant, is acquiring Bitbank, a well-known crypto exchange, for approximately $300 million (JPY 46.7 billion). The deal, signed on June 25, 2026, would combine Bitbank with SBI's existing exchange SBI VC Trade, potentially creating Japan's largest crypto exchange platform group by custody assets. The acquisition is subject to regulatory review and could significantly reshape Japan's crypto exchange market.
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Key quotes
· 5 pulledSBI Holdings is moving to buy Bitbank in a deal that could reshape Japan's crypto exchange market.
The planned takeover, involving regulatory review, would combine Bitbank with SBI VC Trade and potentially create the country's largest crypto platform group by custody assets.
SBI Drops $300M to Take Over Bitbank
Japanese financial giant SBI Holdings is expanding its crypto business in Japan with a JPY 46.7 billion (around $300 million) deal to buy Bitbank, one of the country's better-known exchanges.
The agreement was signed on June 25, 2026, and the purchase will be handled through SBI Crypto
SBI Holdings is moving to buy Bitbank in a deal that could reshape Japan’s crypto exchange market. The planned takeover, involving regulatory review,
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