Japan
bitbank, inc. is a prominent player in Japan's crypto asset exchange landscape, commanding a significant presence with over 38 trading pairs. Established in 2014, it stands as one of the largest platforms in the region, capturing approximately 20-30% of the domestic spot-volume share and reportedly 45.6% of all domestic altcoin trading volume.
The company's commitment to security and compliance is exemplified by its ISMS certification and strict adherence to the financial regulations mandated by the Japanese FSA. Significantly, bitbank has partnered with Sumitomo Mitsui Trust Group, Inc. to create a certified digital asset custodian, strengthening its foothold in secure crypto management.
With its last known funding round being a ¥7.50B Series B in September 2021, bitbank is well-positioned in the Blockchain, Crypto, Financial Services, and Fintech industries, poised for both regional dominance and potential international expansion.
