Crypto exchange Bitbank is preparing for an IPO on the Tokyo Stock Exchange, becoming the second Japanese crypto exchange to seek a public offering.

- Bitbank wants to expand its presence in the market and take advantage of the growing interest in digital assets in Japan.

- Details and timing of the IPO are still unclear and depend on regulatory approvals.

- The company's capital is ¥8.65 billion (about $60 million).

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