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The Nexus
BUSINESSJun 25 · 13:08 UTCCOINTELEGRAPHEzra Reguerra

SBI to acquire Bitbank in $289M deal creating Japan's biggest crypto exchange

SBI, a Japanese financial conglomerate, is acquiring Bitbank in a $289M deal to create Japan's largest crypto exchange. The acquisition aims to expand SBI's ecosystem into crypto trading, stablecoins, tokenization, and blockchain infrastructure.

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SBI HoldingsorganizationBitbankorganizationJapanplacecrypto tradingtopicstablecoinstopictokenizationtopicblockchain infrastructuretopic
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