M&A Deal Summary

Binance Acquires Sakura Exchange BitCoin

On November 30, 2022, Binance acquired business services company Sakura Exchange BitCoin

Acquisition Highlights
  • This is Binance’s 1st transaction in the Business Services sector.
  • This is Binance’s 1st transaction in Japan.

M&A Deal Summary
Date 2022-11-30
Target Sakura Exchange BitCoin
Sector Business Services
Buyer(s) Binance
Deal Type Add-on Acquisition

Target

Sakura Exchange BitCoin

Tokyo, Japan
website
Sakura Exchange BitCoin is a crypto exchange service provider that offers consultation services in addition to its brokerage service. It currently supports 11 trading pairs: BTC/JPY, ETH/JPY, BCH/JPY, XRP/JPY, LTC/JPY, ETC/JPY, XEM/JPY, MONA/JPY, ADA/JPY, XYM/JPY, and COT/JPY. Sakura Exchange BitCoin is based in Tokyo, Japan.

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Buyer(S) 1

Buyer

Binance

Dublin, Ireland

website

Category Company
Sector Information Technology
DESCRIPTION

Binance is a blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. Binance is based in Dublin, Ireland

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Japan) 1 of 1
Year (2022) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-27 Binance - Russia business

Russia

Binance's Russia business provides a financial product suite all exchange services and business lines. Binance's Russia business is based in Russia.

Sell -
Mergr

Product

Company

Legal