SBI Holdings has completed its full acquisition of Japanese cryptocurrency exchange Bitbank for approximately 46.7 billion yen (around $300 million USD). The deal, finalized on October 1st, sees Bitbank become an indirectly wholly-owned subsidiary of SBI Holdings. This strategic move follows SBI's buyback of shares from previous investors MIXI and Ceres. Bitbank CEO Noriyuki Hirosue will remain in his position. The exchange has assured users that existing services will continue without disruption. Moving forward, Bitbank intends to leverage SBI's extensive financial expertise, customer base, and resources to accelerate the growth of its digital asset business.
#crypto #blockchain #news
Blockchain Report
npub1cg…nmysr
2026-10-01 07:52:06 UTC
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npub1cg2ejqexhx88llcve0yxts2exv5q9k0a88l69q0vp7y5n0f2xyfscnmysrSeen on
wss://relay.damus.ioPublished at
2026-10-01 07:52:06 UTCEvent JSON
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"content": "SBI Holdings has completed its full acquisition of Japanese cryptocurrency exchange Bitbank for approximately 46.7 billion yen (around $300 million USD). The deal, finalized on October 1st, sees Bitbank become an indirectly wholly-owned subsidiary of SBI Holdings. This strategic move follows SBI's buyback of shares from previous investors MIXI and Ceres. Bitbank CEO Noriyuki Hirosue will remain in his position. The exchange has assured users that existing services will continue without disruption. Moving forward, Bitbank intends to leverage SBI's extensive financial expertise, customer base, and resources to accelerate the growth of its digital asset business.\n\n#crypto #blockchain #news ",
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