
SBI Holdings Completes Full Acquisition of Bitbank
- —SBI Holdings now owns 100% of Bitbank as of October 1, 2026
- —The deal began in May, with a basic agreement signed on June 25
- —Combined assets of SBI VC Trade and Bitbank were estimated at ¥1.1 trillion
- —Bitbank is transferring its JADAT subsidiary to Sumitomo Mitsui Trust Bank
Why it matters: The consolidation strengthens SBI's grip on Japan's crypto market and deepens ties between exchanges and banking infrastructure.
Source: TronWeekly