SBI Holdings signed a $289 million deal to acquire Bitbank, adding a regulated crypto exchange to its growing stablecoin and tokenization ecosystem.

SBI Holdings will acquire Japanese crypto exchange Bitbank for 46.7 billion yen ($289M), creating a custody giant managing $6.2B across 2.92 million

SBI Holdings agreed to acquire Bitbank for $288.6 million, with the transaction expected to close around October 2026.