SBI Eyes Bitbank Buyout to Dominate Japan’s Crypto Market

SBI Moves to Acquire Bitbank in Strategic Crypto Expansion

SBI Holdings is close to buying Bitbank, a move that would strengthen its position as a leader in Japan’s growing digital asset market. The purchase is still subject to standard checks and regulatory approval, and the details of the deal haven’t been made public. This acquisition follows SBI’s recent efforts to bring other cryptocurrency platforms under its umbrella, indicating a trend of consolidation in the industry. Bitbank had been planning to go public, but may now join SBI’s existing crypto services if the deal goes through.

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2026-05-01 09:53