Japan · Bitcoin Magazine
SBI Holdings Agrees to Acquire Japanese Crypto Exchange Bitbank in $288.6 Million Deal
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◎ Multiple-sources
SBI Holdings will acquire Japanese crypto exchange Bitbank for 46.7 billion yen ($288.6 million), creating Japan’s largest regulated crypto exchange group.
Key facts
- SBI Holdings has signed agreements to acquire all shares of Japanese cryptocurrency exchange Bitbank in a deal valued at 46.7 billion yen, or approximately $288.6 million, the companies announced
- SBI Holdings will acquire Japanese crypto exchange Bitbank for 46.7 billion yen ($288.6 million), creating Japan’s largest regulated crypto exchange group
- In April 2026, the company’s VC Trade absorbed Bitpoint Japan
- Japanese authorities are examining whether to bring digital assets under the Financial Instruments and Exchange Act, a reclassification that could take effect as early as fiscal 2027
Summary
SBI Holdings has signed agreements to acquire all shares of Japanese cryptocurrency exchange Bitbank in a deal valued at 46.7 billion yen, or approximately $288.6 million, the companies announced on June 24. The transaction will make Bitbank a wholly owned subsidiary of SBI Group through its investment arm, SBICAH GK. The deal represents the largest consolidation move in Japan’s regulated crypto market to date. SBI will acquire shares held by Bitbank’s founders and individual shareholders in August.