---
title: "SBI Holdings eyes stake in crypto exchange Bitbank to build digital asset powerhouse"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284890688.md"
description: "SBI Holdings has submitted a letter of intent to acquire a stake in crypto exchange Bitbank, aiming to make it a consolidated subsidiary as part of its digital asset expansion. This move coincides with Japan's plans to classify cryptocurrencies as financial products under the Financial Instruments and Exchange Act, potentially effective by fiscal 2027. The Bitbank acquisition follows SBI's absorption of Bitpoint and its planned majority stake in Coinhako, along with a new Visa partnership for credit cards that convert rewards into cryptocurrencies."
datetime: "2026-05-01T11:25:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284890688.md)
  - [en](https://longbridge.com/en/news/284890688.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284890688.md)
---

# SBI Holdings eyes stake in crypto exchange Bitbank to build digital asset powerhouse

-   SBI Holdings has submitted a letter of intent to acquire a stake in Bitbank, aiming to make the crypto exchange a consolidated subsidiary as part of its expanding digital asset business.
-   The planned acquisition comes as Japan moves to classify cryptocurrencies as financial products under the Financial Instruments and Exchange Act, a change that could take effect as early as fiscal 2027.
-   The Bitbank deal follows SBI’s absorption of Bitpoint, its planned majority stake in Singapore-based Coinhako, and a new Visa partnership offering credit cards that convert rewards into cryptocurrencies.

### Related Stocks

- [8473.JP](https://longbridge.com/en/quote/8473.JP.md)
- [V.US](https://longbridge.com/en/quote/V.US.md)
- [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md)
- [LMBO.US](https://longbridge.com/en/quote/LMBO.US.md)

## Related News & Research

- [Bitget enters Mexico market with SAT and UIF registration](https://longbridge.com/en/news/286532952.md)
- [Visa Inc. $V Stock Holdings Increased by World Investment Advisors](https://longbridge.com/en/news/286254252.md)
- [Trump family trust traded crypto stocks during policy push](https://longbridge.com/en/news/286588654.md)
- [CZ's Miami speech: Cryptocurrency will become the native currency of AI agents.](https://longbridge.com/en/news/286188998.md)
- [Gemini surges after Winklevoss Capital Fund invests $100 million in the crypto exchange](https://longbridge.com/en/news/286476590.md)