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SBI completes $294.9 million Bitbank acquisition, merging Japan’s crypto markets

The Cryptonomist·October 1, 2026·1 min read
SBI completes $294.9 million Bitbank acquisition, merging Japan’s crypto markets

SBI Holdings completed its $294.9 million acquisition of Bitbank on October 1, making the crypto exchange a wholly owned subsidiary. The deal reshapes Japan's digital asset trading landscape, merging one of the country's prominent exchanges into the financial conglomerate's operations.

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