Ripple Partner SBI Completes Takeover of Japanese Exchange Bitbank

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Bitcoin.com
Ripple Partner SBI Completes Takeover of Japanese Exchange BitbankWorldPing
Image via Bitcoin.com.

What happened

SBI 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.

Key facts

  • 1, folding one of Japan’s busiest XRP markets into one of Ripple’s oldest partners in Asia.
  • 1, making Bitbank a wholly owned subsidiary of SBI.
  • Reported by Bitcoin.com and published Fri, 02 Oct 2026 15:35:24 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Ripple Partner SBI Completes Takeover of Japanese Exchange Bitbank

  2. BNY in talks with Kraken parent Payward over infrastructure partnership

Sources

The original report was published by Bitcoin.com. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Bitcoin.com

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