SBI Holdings acquires majority stake in Coinhako, a Singaporean crypto platform, post-MAS approval, aiming to combine customer base and network with its financial and digital asset services.
EDX Markets, an institutional crypto exchange, secured $76 million in Series C funding led by SBI Holdings. The funds will support expansion of spot trading, clearing, settlement services, new product development, and international growth, signaling continued investor confidence in crypto market infrastructure.
SBI Holdings will acquire Tokyo-based cryptocurrency exchange Bitbank for approximately $289 million. The deal aims to create Japan's largest crypto exchange by asset value, combining Bitbank's infrastructure with SBI's existing operations.
Japan's SBI Holdings will acquire full control of crypto exchange Bitbank for 46.7 billion yen ($289 million) by October, pending regulatory clearance. This deal, combining Bitbank with SBI VC Trade, is set to create the country's largest crypto exchange by assets under custody and expand SBI's digital asset ecosystem.
Brave group, operator of VTuber project "VSPO!", announced on May 19th that it has begun discussions with SBI Holdings for a strategic partnership, potentially including capital investment from SBI Group to stabilize Brave group's capital structure. The companies will form subcommittees to explore collaboration in VTuber and esports.
SBI Holdings has opened talks to acquire shares in cryptocurrency exchange Bitbank, potentially making it a consolidated subsidiary. The deal would expand SBI's dominance in Japan's crypto market as the country prepares to bring digital assets under the Financial Instruments and Exchange Act. The acquisition follows SBI VC Trade's absorption of Bitpoint Japan on April 1 and a $50 million investment in Circle's IPO last June.
