Bitbank Becomes Wholly Owned Subsidiary of SBI Holdings

Bitbank announced on October 1, 2026, that it has completed its transition into a wholly owned subsidiary of SBI Holdings. As part of the new management structure, Tomohiko Kondo, President of SBI VC Trade, has joined the board of Bitbank, while Bitbank CEO Noriyuki Hirosue will serve as an outside director at SBI VC Trade. The exchange confirmed that there will be no changes to its services for users. Previously, Bitbank announced the transfer of its stake in JADAT to Sumitomo Mitsui Trust Bank.