SBI Holdings to buy bitbank in ¥46.7B Japan crypto deal
SBI Holdings to buy bitbank in ¥46.7B Japan crypto deal
SBI’s ¥46.7B bitbank deal would create Japan’s largest crypto asset platform by customer assets custody.The transaction uses share purchases, new shares, and buybacks before planned October completion, subject approval.SBI plans to combine bitbank, SBI VC Trade, stablecoins, and on-chain finance products in Japan.