TechFlow News, February 13: According to a report by Techinasia, Japanese financial group SBI Holdings announced that its subsidiary plans to acquire a majority stake in Singapore-based digital asset exchange Coinhako. The transaction is subject to regulatory approval.
The deal includes providing investment capital and purchasing shares from existing shareholders. Coinhako holds a license from the Monetary Authority of Singapore (MAS) and is also regulated by the British Virgin Islands. It has 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 the digital asset ecosystem across 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 said the company plans to enhance its infrastructure to meet growing demand for tokenized assets and stablecoins, while Singapore will remain a key hub.
