Acquisition History / Rakuten / Bitnet

Rakuten Acquires Bitnet

Announced an undisclosed date — $410M

RakutenCryptocurrency wallet

What happened

Bitnet was a company operating in cryptocurrency wallet, acquired by Rakuten for US $410 million.

Acquirer
Rakuten
Target
Bitnet
Announced
an undisclosed date
Price
$410M
Industry
Cryptocurrency wallet
Buyer type
Strategic acquirer
Status
Closed

By the numbers

Rakuten's acquisition history
2nd of 9 tracked deals
Disclosed prices
9 of 9 Rakuten deals
Rakuten's average disclosed price
$501.1M
Rakuten's largest disclosed deal
Altiostar ($1B)
Rakuten in Cryptocurrency wallet
1 acquisition

Frequently Asked Questions About This Acquisition

When did Rakuten acquire Bitnet?

Rakuten acquired Bitnet on an undisclosed date. This was Rakuten's 2nd publicly tracked acquisition out of 9 we have on record.

How much did Rakuten pay for Bitnet?

Rakuten paid $410M for Bitnet.

What does Bitnet do?

Bitnet was a company operating in cryptocurrency wallet, acquired by Rakuten for US $410 million.

What other Cryptocurrency wallet companies has Rakuten acquired?

Bitnet is Rakuten's only publicly tracked acquisition in Cryptocurrency wallet so far.

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More Rakuten acquisitions

See all 9 Rakuten acquisitions →