Ripple Partner SBI Completes Takeover of Japanese Exchange Bitbank

Ripple and SBI holdings logos side by sideSBI Holdings has taken full ownership of Bitbank on Oct. 1, folding one of Japan’s busiest XRP markets into one of Ripple’s oldest partners in Asia. The Deal The final share transfer went through on Oct. 1, making Bitbank a wholly owned subsidiary of SBI. The price tag was approximately $290 million (¥46.7 billion), the […]

source https://news.bitcoin.com/exchanges/ripple-partner-sbi-completes-takeover-japanese-exchange-bitbank/


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