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Japanese Financial Giant Makes Bold Move in Digital Assets
SBI Group, a major player in Japan’s financial industry, has unveiled plans for a substantial expansion in its digital asset portfolio by acquiring Bitbank, the third-largest cryptocurrency exchange in Japan. This significant deal, valued at approximately $289 million, will unfol...
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SBI Group announced acquisition of Bitbank for $289 million to merge with SBI VC Trade
🚨 SBI Group will acquire Bitbank for $289 million to merge it with SBI VC Trade. 🔥 The combined platform is set to reach over 2.9 million accounts with $7 billion in managed assets. 🟩 Ripple’s partner SBI holds one of the largest non-US reserves in $XRP, strengthening its infl...
COINTURK NEWS
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SBI to Acquire Bitbank in $289M Deal to Build Japan’s Largest Crypto Exchange Group
SBI acquires Bitbank to create Japan’s largest crypto exchange group. Deal follows planned ownership purchases and strengthens SBI’s domestic expansion. Japan considers stricter crypto regulations while SBI expands across Asia. SBI Holdings is moving to acquire cryptocurrency exc...
36Crypto
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SBI Holdings Seals $289 Million Bitbank Takeover to Dominate Japan’s Crypto Market
SBI Holdings acquires Bitbank for $289M, creating Japan's largest crypto trading platform with over ¥1 trillion in assets under stricter regulations. The post SBI Holdings Seals $289 Million Bitbank Takeover to Dominate Japan’s Crypto Market appeared first on Blockonomi.
Blockonomi
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SBI to Acquire Bitbank for $289 Million, Set to Become Japan’s Largest Crypto Custodian
TLDR: SBI will acquire Bitbank for ¥46.7 billion ($289 million), making it a consolidated subsidiary of SBI Group. Combined custody assets from SBI VC Trade and Bitbank are projected to reach ¥1.1 trillion ($6.2 billion). The merged entity will oversee roughly 2.92 million accoun...
Blockonomi
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SBI to Acquire Bitbank in $289 Million Deal as Japan’s Crypto Exchange Industry Consolidates
Japan’s financial conglomerate SBI Holdings has agreed to acquire cryptocurrency exchange Bitbank in a transaction valued at approximately ¥46.7 billion ($289 million), advancing a broader consolidation trend in Japan’s regulated […]
Cryip
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WisdomTree Crypto AUM Holds $2.24B as Tokenization Accelerates
WisdomTree reported $2.24 billion in crypto assets under management (AUM) as of December 31, 2025, according to its Q4 earnings release on January 30, 2026. While crypto AUM declined from nearly $3.2 billion at the start of the quarter due to market-driven valuation changes, the ...
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