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.
