Search results for Yoshitaka Kitao
Crypto
SBI Shinsei Bank to launch cryptocurrency reward program
SBI Shinsei Bank, part of Japan\'s SBI Group, plans to launch a cryptocurrency rewards programme for deposit customers this autumn, The Block reported, citing Nikkei. Depositors will receive vouchers equal to 20 percent of interest payments, which can be exchanged for cryptocurrencies including bitcoin, ether and XRP. Customers must open an account with SBI VC Trade. The bank will run a three-month pilot from June 10.
Crypto
SBI Holdings in talks to acquire stake in Japan\'s crypto exchange Bitbank
SBI Holdings is negotiating to acquire a stake in Japanese cryptocurrency exchange Bitbank, The Block reported on May 1. The move aims to bring Bitbank in as a consolidated subsidiary and strengthen SBI Holdings\' position in Japan\'s crypto market. Chairman and CEO Yoshitaka Kitao (요시타카 키타오) said the company submitted a letter of intent and began talks on capital and business cooperation. SBI Holdings plans to proceed after due diligence and internal procedures.
Crypto
SBI Holdings shareholders see fourfold return from XRP dividends despite 60 percent drop
Shareholders of Japan’s financial group SBI Holdings who received XRP through the company’s shareholder benefit programme have logged average gains of more than four times their weighted average purchase price, according to a report cited by an XRP community figure. SBI began distributing XRP in March 2020 and has made six payouts. XRP was about 252.46 yen per token as of Feb. 2, 2026, versus an average purchase price of 58.8 yen.
