SBI Holdings Says $289 Million Bitbank Deal Will Make It Japan's Largest Crypto Exchange
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SBI Holdings is acquiring crypto exchange Bitbank in a nearly $289 million deal, pending regulatory approval. This acquisition will likely make SBI Holdings Japan's largest crypto exchange, expanding its market share and influence in the country's growing cryptocurrency industry. The deal is expected to further legitimize Japan's crypto market, boosting investor confidence.
SBI Holdings has agreed to a nearly $289 million deal to acquire crypto exchange Bitbank, pending regulatory approval.