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SBI to Acquire Bitbank in $289M Deal, Creating Japan’s Largest Crypto Exchange

Source: CoinTelegraph

Japanese financial giant SBI is set to fully acquire crypto exchange Bitbank in a $289 million deal, consolidating its position as Japan’s largest crypto exchange. The acquisition expands SBI’s ecosystem into crypto trading, stablecoins, and tokenization, signaling growing convergence between traditional finance and digital assets.

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