SBI Holdings is moving to buy Bitbank in a deal that could reshape Japan’s crypto exchange market. The planned takeover, involving regulatory review,

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.

SBI Holdings will acquire Japanese crypto exchange Bitbank for 46.7 billion yen ($288.6 million), creating Japan’s largest regulated crypto exchange group.

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

SBI Holdings has agreed to a nearly $289 million deal to acquire crypto exchange Bitbank, pending regulatory approval.

SBI Holdings is moving to buy Bitbank in a deal that could reshape Japan’s crypto exchange market. The planned takeover, involving regulatory review,

SBI said the acquisition, which is subject to regulatory approval, is set to close in October.

The investment bank said the purchase of Japanese crypto exchange Bitbank is a bet on regulated scale as sweeping reforms reshape the country's digital asset market.