SBI Holdings Buys Japanese Crypto Exchange Bitbank for $289 Million

SBI Holdings has made a significant move in the Japanese crypto market by acquiring Bitbank for $289 million.

The acquisition is part of SBI's efforts to expand its presence in the digital asset space, and it marks another major milestone for the company in this area.

Bitbank is a well-established cryptocurrency exchange based in Japan, and with this acquisition, SBI Holdings is likely to gain access to Bitbank's extensive customer base and trading platform.