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SBI Holdings plans to make bitbank a controlling subsidiary through capital business cooperation.
ME News report: On May 1, 2026 (UTC+8), SBI Holdings announced that it will officially begin negotiations for a capital business cooperation agreement with bitbank Inc., the operator of bitbank. SBI Holdings said that the purpose of this cooperation is to acquire shares to make bitbank a consolidated subsidiary; the specific acquisition ratio and timing will be determined after due diligence. bitbank had planned to list on the Tokyo Stock Exchange in mid-2025 and has an industry-leading security track record. If this transaction is completed, the SBI Group will integrate multiple mainstream exchanges under its umbrella, including SBI VC Trade, BITPoint Japan, and bitbank, becoming the largest cryptocurrency platform group in Japan. (CoinPost) (Source: ODAILY)