Search results for Yoshitaka Kitao
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.
Crypto
SBI Holdings seeks controlling stake in Singapore crypto exchange Coinhako
SBI Holdings has signed a letter of intent to acquire a stake in Singapore cryptocurrency exchange Coinhako, Cointelegraph reported. The transaction will be carried out through SBI Ventures Asset. Once completed, SBI Holdings will become Coinhako\'s controlling shareholder and plans to fold it into a wholly owned subsidiary after regulatory approval. Chairman Yoshitaka Kitao said the deal is part of a strategy to build global infrastructure spanning digital assets, securities and stablecoins.