🇯🇵 SBI Holdings Completes Full Acquisition of Bitbank
Japanese financial giant SBI Holdings has completed its acquisition of Bitbank, making the crypto exchange a wholly owned subsidiary. Bitbank says its existing exchange services will continue without changes.
The deal significantly expands SBI’s digital asset footprint. Based on April figures for SBI VC Trade and Bitbank, the combined businesses represented roughly ¥1.1T in assets under custody and 2.92M crypto accounts. SBI has also highlighted stablecoins and onchain finance as key areas for future expansion.
The bigger picture: Japan’s traditional financial giants are moving beyond crypto trading — building integrated infrastructure for digital assets, stablecoins and onchain finance.
#SBI
Japanese financial giant SBI Holdings has completed its acquisition of Bitbank, making the crypto exchange a wholly owned subsidiary. Bitbank says its existing exchange services will continue without changes.
The deal significantly expands SBI’s digital asset footprint. Based on April figures for SBI VC Trade and Bitbank, the combined businesses represented roughly ¥1.1T in assets under custody and 2.92M crypto accounts. SBI has also highlighted stablecoins and onchain finance as key areas for future expansion.
The bigger picture: Japan’s traditional financial giants are moving beyond crypto trading — building integrated infrastructure for digital assets, stablecoins and onchain finance.
#SBI
