SBI Holdings Moves to Fully Acquire Crypto Exchange Bitbank

Bitbank confirmed the transaction on June 24, assuring its user base that services, trading operations, and account terms will remain unchanged throughout the transition. This formal acquisition follows preliminary capital and business alliance talks initiated in May, signaling SBI’s intent to leverage internal synergies to solidify its footprint in the Japanese market.

For SBI, the move complements its recent acquisition of Bitpoint Japan, which was absorbed by SBI VC Trade in April 2026. By bringing Bitbank under its umbrella, the group gains a well-established platform known for its spot trading and crypto-linked payment services. This integration supports a broader corporate strategy that links digital assets with traditional financial products, including crypto-reward credit cards and the recently launched RLUSD stablecoin. As Japan continues to refine its regulatory framework for digital assets, the shift toward larger, bank-backed entities suggests a move toward greater institutional stability in the region.