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SBI Holdings Moves to Acquire bitbank as Japan Crypto Consolidation Accelerates

SBI Holdings Moves to Acquire bitbank as Japan Crypto Consolidation Accelerates

  • SBI Holdings said it has entered talks on a capital and business alliance to acquire cryptocurrency exchange bitbank.
  • The company said it plans to acquire bitbank shares after completing due diligence and internal procedures.
  • bitbank has been preparing for an initial public offering (IPO) on the Tokyo Stock Exchange since mid-2025.

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Photo: SBI Holdings logo
Photo: SBI Holdings logo

SBI Holdings is in talks on a capital and business alliance aimed at acquiring cryptocurrency exchange bitbank, according to foreign media reports.

BlockBeats and other outlets reported on May 1 that SBI Holdings had submitted a letter of intent to acquire shares in bitbank Inc., the operator of bitbank, and had…

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