SBI Holdings in talks to acquire Japanese exchange Bitbank

SBI Holdings has entered into negotiations with Japanese cryptocurrency exchange Bitbank for a potential capital and business alliance, including an equity acquisition, Blockbeats reported. The company is considering making Bitbank a subsidiary, pending due diligence and internal procedures, though the specific timing and method of the acquisition have not yet been finalized. This move follows SBI's acquisition of Bitpoint Japan in April 2026 through its subsidiary SBI VC Trade, as part of its ongoing industry consolidation efforts. Bitbank had previously planned to list on the Tokyo Stock Exchange in 2025, but it remains unclear how these negotiations will affect its IPO plans.