Over the last 30 days, Bitbank's total volumes were $1B ($12.4B annualized). Volumes were up 27% compared to the previous 30 day period. On a relative basis, Bitbank outperformed other centralized exchanges (up 21%) and total volumes (up 21%) over the same period.
SBI Holdings agreed to acquire Japanese cryptocurrency exchange Bitbank for approximately $289 million, aiming to expand its crypto business ahead of regulatory changes in Japan. The acquisition will merge Bitbank with SBI VC Trade, creating the largest crypto market player in Japan with nearly 1.1 trillion yen in assets under custody and about 2.9 million customer accounts.
Bitbank, a centralized exchange established in 2016 in Japan 🇯🇵, supports 46 assets and 61 markets. It ranks 68 in terms of volume among All Exchanges and 51 among Centralized Exchanges over the past 90 days.
Bitbank, a centralized exchange established in 2016 in Japan 🇯🇵, supports 46 assets and 61 markets. It ranks 68 in terms of volume among All Exchanges and 51 among Centralized Exchanges over the past 90 days.
Over the last 30 days, Bitbank's total volumes were $1B ($12.4B annualized). Volumes were up 27% compared to the previous 30 day period. On a relative basis, Bitbank outperformed other centralized exchanges (up 21%) and total volumes (up 21%) over the same period.
SBI Holdings agreed to acquire Japanese cryptocurrency exchange Bitbank for approximately $289 million, aiming to expand its crypto business ahead of regulatory changes in Japan. The acquisition will merge Bitbank with SBI VC Trade, creating the largest crypto market player in Japan with nearly 1.1 trillion yen in assets under custody and about 2.9 million customer accounts.