SBI Holdings will acquire 100% of the shares of the cryptocurrency exchange Bitpoint Japan

According to ChainCatcher news, as reported by Coinpost, Japanese financial services giant SBI Holdings announced that it will acquire 100% of the shares of the cryptocurrency exchange Bitpoint Japan through its merged subsidiary, making Bitpoint Japan a wholly-owned subsidiary of SBI Holdings.

It is reported that in May 2022, SBI Holdings will purchase 51% of the shares of the cryptocurrency trading platform BITPoint Japan from Remixpoint for $98.6 million. Remixpoint will form a "capital and business alliance" with SBI to expand its business through cryptocurrency collaboration, and SBI will also acquire 5% of Remixpoint's shares. (source link)