The investment bank said the purchase of Japanese crypto exchange Bitbank is a bet on regulated scale as sweeping reforms reshape the country's digital asset market. Architect Partners said SBI is buying regulated scale, not earnings, as Japan's tougher rules drive industry consolidation. The acquisition doubles SBI's crypto assets under custody to roughly 1.1 trillion yen while adding nearly 1 million customer accounts. The deal strengthens SBI's broader strategy spanning t…
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