Japan's SBI plans to acquire a majority stake in Singapore's digital asset trading platform Coinhako.
TechFlame
2026-02-13 14:31
TechFlame2026-02-13 14:31
English
TechFlame News: According to market sources, Japanese financial group SBI Holdings has announced that its subsidiary plans to acquire a majority stake in Singapore-based digital asset exchange platform Coinhako, pending regulatory approval. The transaction involves providing investment capital and purchasing shares from existing shareholders. Coinhako holds a license from the Monetary Authority of Singapore and is regulated in the British Virgin Islands, having operated in the digital asset space for over a decade. The acquisition aims to integrate Coinhako's infrastructure with SBI's global financial network to develop a digital asset ecosystem in Asia. An SBI representative stated that this move aligns with its strategy to expand digital asset infrastructure and develop next-generation financial services. Coinhako CEO Yusho Liu mentioned that the company plans to enhance its infrastructure to meet the growing demand for tokenized assets and stablecoins, with Singapore continuing to serve as a key hub.