Deep Tide TechFlow News, May 1st, according to CoinPost, SBI Holdings announced on May 1st that it has officially begun negotiations with the operator of the cryptocurrency exchange bitbank, bitbank Inc., regarding capital business cooperation, with the goal of integrating bitbank into SBI's consolidated subsidiaries. SBI will proceed with the share acquisition after completing due diligence and internal procedures; the specific timing and method of the acquisition are still under further negotiation. Previously, SBI's subsidiary SBI VC Trade had absorbed and merged with BITPoint Japan in April.

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