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Shenchao TechFlow news: On June 25, according to Nikkei, Japan’s SBI Group announced on June 25 that it will acquire the crypto asset trading platform Bitbank for 46.7 billion yen. After the transaction is completed, the combined number of accounts of SBI’s SBI VC Trade and Bitbank will be approximately 2.92 million, the virtual asset custody scale will be about 1.1 trillion yen, and it is expected to become the largest in Japan’s industry. Previously, SBI disclosed in May that it was in talks on capital and business cooperation to bring Bitbank within the scope of consolidation.