#sbi holdings Tech News.
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SBI Holdings will acquire full control of crypto exchange Bitbank for 46.7 billion yen ($289 million). The deal combines Bitbank with SBI VC Trade, creating Japan's largest crypto exchange by assets under custody with roughly 1.1 trillion yen and 2.92 million accounts. The transaction is expected to close around October.
SBI Holdings agreed to acquire Japanese crypto exchange Bitbank in a $288.6 million deal. The acquisition positions SBI Holdings to expand its presence in the cryptocurrency market through Bitbank's existing platform and user base.
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