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Bitbank to Transfer All Shares in JADAT to Sumitomo Mitsui Trust Bank

  • Bitbank, a Japan-based cryptocurrency exchange operator, disclosed the share transfer on September 25.
  • The subsidiary involved is Japan Digital Asset Trust Preparation Co., Ltd. (JADAT), which was established to prepare for digital asset trust operations.
  • The buyer of all JADAT shares is Sumitomo Mitsui Trust Bank.

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