SBI Holdings, a prominent Japanese financial group, has announced plans to acquire a majority stake in CoinPost, a leading Web3 media company in Japan. The acquisition involves a share transfer agreement with existing shareholders, aiming to make CoinPost a subsidiary of SBI Holdings by October 1, 2025. CoinPost is known for its extensive coverage of cryptocurrency and Web3 developments and organizes the Asian Web3 conference 'WebX'.
Following the acquisition, SBI Holdings and CoinPost will collaborate to enhance media capabilities, support digital asset investment expansion, and co-host industry events. SBI Holdings aims to leverage this acquisition to accelerate the social implementation of Web3 and establish a new financial digital industry foundation in Japan, creating synergies with its group companies.
SBI Holdings to Acquire Majority Stake in CoinPost by 2025
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