đš BREAKING: SBI JUST COMPLETED THE BITBANK TAKEOVER đŻđ”đ„
SBI Holdings has officially completed its acquisition of Japanese crypto exchange Bitbank, making it a 100% wholly owned subsidiary.
đ° Deal value: „46.7 BILLION (~$288.6M) đŻđ” Major expansion of SBIâs crypto footprint in Japan đŠ Bitbank will now operate under the SBI Group
And thereâs another interesting connection đ
SBI has been working closely with Ripple, including the launch of RLUSD in Japan through SBI VC Trade.
This puts traditional finance + regulated crypto infrastructure + stablecoins in an increasingly interesting position in Japan.
For XRP & RLUSD watchers, this is definitely a development worth keeping on the radar. đâĄ
#XRP #Ripple #SBI #Bitbank #RLUSD
$XRP
$RLUSD
SBI Holdings has officially completed its acquisition of Japanese crypto exchange Bitbank, making it a 100% wholly owned subsidiary.
đ° Deal value: „46.7 BILLION (~$288.6M) đŻđ” Major expansion of SBIâs crypto footprint in Japan đŠ Bitbank will now operate under the SBI Group
And thereâs another interesting connection đ
SBI has been working closely with Ripple, including the launch of RLUSD in Japan through SBI VC Trade.
This puts traditional finance + regulated crypto infrastructure + stablecoins in an increasingly interesting position in Japan.
For XRP & RLUSD watchers, this is definitely a development worth keeping on the radar. đâĄ
#XRP #Ripple #SBI #Bitbank #RLUSD
$XRP
$RLUSD
