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    SBI Holdings to Acquire Singapore Crypto Exchange Coinhako in Major Asia Push

    Story Highlights
    • SBI Holdings moves to acquire Singapore crypto exchange Coinhako in a major Asia expansion play.

    • The deal positions SBI deeper into regulated crypto markets and digital asset infrastructure.

    • Tokenized assets and stablecoins sit at the center of this strategic push.

    SBI Holdings, one of Japan’s largest financial groups, has announced plans to acquire a majority stake in Coinhako, a leading cryptocurrency platform in Singapore. The deal signals SBI’s aggressive push to expand its digital asset footprint across Asia.

    SBI will carry out the acquisition through its subsidiary SBI Ventures Asset Pte. Ltd. The deal involves both capital injection and buying out shares from Coinhako’s existing shareholders. Once complete, Coinhako will become a consolidated subsidiary of SBI Holdings.

    Deal terms are still being worked out, and the transaction needs regulatory approval before it can go through.

    Why Coinhako?

    Coinhako has been around for over a decade and holds a Major Payment Institution license from Singapore’s Monetary Authority (MAS). That license is one of the toughest to get in Asia, and it gives SBI direct access to one of the region’s most important regulated crypto markets.

    SBI Holdings Chairman and CEO Yoshitaka Kitao laid out the bigger picture.

    “Integrating Coinhako into the digital asset ecosystem that the SBI Group has built will expand the global corridor for digital assets and become a major driving force in realizing next-generation finance, including tokenized stocks and stablecoins.”

    What Coinhako Gets Out of It

    Coinhako Co-Founder and CEO Yusho Liu said the deal speeds up what the platform has been building toward.

    “By leveraging SBI Group’s extensive network and resources, Coinhako will expand our institutional-grade infrastructure to meet the growing demand for tokenized assets and stablecoins, helping to ensure Singapore remains at the heart of the world’s next-generation financial system.”

    What’s Next?

    SBI is using Singapore as its gateway to connect traditional finance with digital assets in Asia. The focus is on tokenized stocks, stablecoins, and serving both retail and institutional investors through a regulated platform.

    Regulatory approval is still pending, so the timeline is unclear. But both sides have made their direction clear: next-generation finance, built from Singapore.

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    FAQs

    Why is SBI Holdings acquiring Coinhako?

    SBI wants to expand its digital asset presence in Asia. Buying Coinhako gives it regulated access to Singapore’s key crypto market.

    What does Coinhako’s MAS license mean?

    A Major Payment Institution license allows Coinhako to operate under strict rules in Singapore, boosting trust for retail and institutional users.

    How will this deal impact crypto users in Singapore?

    Users may see stronger infrastructure, more tokenized assets, and expanded services backed by SBI’s capital and global network.

    When will the SBI–Coinhako acquisition be completed?

    The deal is still pending regulatory approval, so timelines are unclear until authorities give final clearance.

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