SBI Holdings Plans to Make bitbank a Subsidiary Through Capital and Business Partnership
2026-05-01 05:34
Odaily reported that SBI Holdings announced on May 1, 2026, the official initiation of negotiations for a capital and business partnership agreement with bitbank operator bitbank Inc. SBI Holdings stated that this partnership aims to make bitbank a consolidated subsidiary by acquiring shares, with the specific acquisition ratio and timing to be determined after due diligence. bitbank had previously planned to list on the Tokyo Stock Exchange in mid-2025 and boasts an industry-leading safety record. If this transaction is completed, the SBI Group will integrate its major exchanges, including SBI VC Trade, BITPoint Japan, and bitbank, making it Japan's largest cryptocurrency platform group. (CoinPost)
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