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SBI Acquires Bitbank for $289 Million, Exceeding $7 Billion in Cryptocurrency Assets
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FOMOGRAM Editorial Desk
Aug 5, 2026
EXECUTIVE SUMMARY
SBI Holdings acquired Bitbank for $289 million, boosting its total crypto assets to over $7 billion. This acquisition strengthens SBI's role in Japan's digital asset market.
SBI Holdings acquired Bitbank for $289 million, boosting its total crypto assets to over $7 billion. This acquisition strengthens SBI's role in Japan's digital asset market.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
SBI's acquisition of Bitbank enhances its position in the crypto market, potentially increasing XRP adoption through expanded services.
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