On May 1, 2026, SBI Holdings announced that it has entered into negotiations with Bitbank Inc., which operates the cryptocurrency exchange 'bitbank', regarding capital and business cooperation. The plan is to incorporate it as a consolidated subsidiary and to acquire its shares after completing due diligence and internal procedures, although the timing and method of the acquisition have not yet been specified. Previously, in April 2026, the SBI Group facilitated industry consolidation by acquiring Bitpoint Japan through a merger with SBI VC Trade. Bitbank had previously disclosed its intention to list on the Tokyo Stock Exchange in mid-2025; however, the relationship between the current capital cooperation and equity acquisition arrangements and its IPO plans remains unclear.
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SBI Holdings Announces Capital and Business Cooperation Negotiations for Bitbank Acquisition
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