SBI agrees to acquire Bitbank for ¥46.7B, lifting crypto custody assets to ¥1.1T
sbigroup.co.jp •
Revision history
4 recorded changes
Want your article here?
Promote with Leviathan NewsSBI Holdings signed a June 25 agreement to acquire Bitbank through its SBICAH subsidiary for ¥46.7B, with completion targeted around October 2026 pending Japan Fair Trade Commission clearance. The deal buys shares from CEO Noriyuki Hirosue and other holders, funds Bitbank’s buyback of MIXI and Ceres stakes, and leaves SBI with 100% voting ownership. SBI says combining SBI VC Trade and Bitbank would put the group at about ¥1.1T in crypto assets under custody and 2.92M accounts, making it Japan’s No. 1 crypto exchange group by custody assets.
TLDR by @Benthic
Explore the topic
More on Acquisition
LCX acquires MasterDEX to launch its American DeFi product line, LCX Liberty
𝕏/@lcx ·
RealPage completes acquisition of Cherre to build AI-powered real estate intelligence platform
Realpage ·
Stripe and Advent have reportedly made a bank‑financed, all‑cash offer to acquire PayPal for over 53 billion dollars, or 60.50 dollars per share, representing about a 28% premium to its last close.[
Bloomberg ·
Crypto cards often lose money on every swipe by design, using rewards as customer acquisition while profits come from FX, spreads, float, and stablecoin balances
𝕏/@obchakevich_ ·
Japan's SBI Holdings is building an end-to-end onchain finance empire through crypto acquisitions, stablecoins and tokenization bets across Asia
The Block ·
Robinhood Chain's biggest viral success wasn't tokenized stocks but CASHCAT, reinforcing the view that memecoins remain crypto's strongest user acquisition engine
𝕏/@tradeguru ·
LCX acquires MasterDEX to launch its American DeFi product line, LCX Liberty
𝕏/@lcx ·
RealPage completes acquisition of Cherre to build AI-powered real estate intelligence platform
Realpage ·
Stripe and Advent have reportedly made a bank‑financed, all‑cash offer to acquire PayPal for over 53 billion dollars, or 60.50 dollars per share, representing about a 28% premium to its last close.[
Bloomberg ·
Crypto cards often lose money on every swipe by design, using rewards as customer acquisition while profits come from FX, spreads, float, and stablecoin balances
𝕏/@obchakevich_ ·
Japan's SBI Holdings is building an end-to-end onchain finance empire through crypto acquisitions, stablecoins and tokenization bets across Asia
The Block ·
Robinhood Chain's biggest viral success wasn't tokenized stocks but CASHCAT, reinforcing the view that memecoins remain crypto's strongest user acquisition engine
𝕏/@tradeguru ·