On the 25th, Bitbank, which operates a cryptocurrency exchange, announced it would transfer all shares of its subsidiary, Japan Digital Asset Trust Preparatory Company (JADAT), to Sumitomo Mitsui Trust Bank. After the transfer, JADAT is expected to become a wholly-owned subsidiary under the Sumitomo Mitsui Trust Group. SBI Holdings, which is advancing the full acquisition of Bitbank, also published the same information on its website on the same day.
The transfer price has not been disclosed...
