SBI Holdings plans to make bitbank a controlling subsidiary through capital business cooperation

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Odaily Planet Daily News: SBI Holdings announced that it will officially begin negotiations on a capital business cooperation agreement with the operator of bitbank, bitbank Inc., on May 1, 2026. SBI Holdings stated that this cooperation aims to acquire shares to make bitbank a consolidated subsidiary, with specific acquisition ratios and timing to be determined after due diligence. bitbank had planned to go public on the Tokyo Stock Exchange in mid-2025 and has a leading industry security record. If this deal is completed, the SBI Group will integrate several major exchanges including SBI VC Trade, BITPoint Japan, and bitbank, becoming Japan’s largest cryptocurrency platform group. (CoinPost)

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