[SBI Completes Full Acquisition of Crypto Exchange Bitbank, Integrates into SBI Group] Japanese crypto asset exchange Bitbank announced that SBI Holdings has completed the full acquisition transaction, officially making Bitbank a wholly-owned subsidiary of SBI Holdings. According to the announcement, Bitbank had previously reached an agreement with SBI Holdings regarding its full subsidiary status, and this transaction was completed through procedures such as Bitbank repurchasing its own shares from MIXI and Ceres. With the completion of the transaction, Bitbank's management structure has also been adjusted. Tomohiko Kondo, President of SBI Group's crypto asset trading platform SBI VC Trade Co., Ltd., will assume the role of Director at Bitbank; Bitbank's current Representative Director and CEO, Noriyuki Hirozume, is expected to take on the role of External Director at SBI VC Trade.