The deal would bring one of Japan’s established digital-asset trading platforms under the SBI umbrella, expanding the group’s exposure to Bitcoin and broader crypto brokerage activity.
SBI Holdings is set to acquire Bitbank, a Japan-based Bitcoin exchange, in a deal valued at $288 million. The transaction points to further consolidation in Japan’s regulated crypto market and would deepen SBI’s footprint in digital-asset trading, where scale, licensing and customer trust remain important competitive advantages.