coinhako

The Japanese financial giant SBI Holdings is making a massive move into the Singaporean crypto market. In an announcement that has sent ripples through the industry, SBI confirmed it intends to acquire a majority stake in Coinhako, one of Singapore's oldest and most prominent cryptocurrency exchanges.
📊 The Strategic Deal
The acquisition is being spearheaded by SBI Ventures Asset, a wholly owned subsidiary of SBI Holdings. This isn't just a minor investment; once finalized, Coinhako is expected to become a consolidated subsidiary of the SBI Group.
Target: Coinhako Group (via parent company Holdbuild Pte. Ltd.)Structure: Majority shareholding through fresh capital injection and purchasing existing shares.Regulation: Subject to final approval from the Monetary Authority of Singapore (MAS).
🛡️ Why Coinhako?
Coinhako holds a prestigious Major Payment Institution (MPI) license from MAS, allowing it to provide regulated Digital Payment Token (DPT) services. This license is the "gold standard" in Singapore, positioning Coinhako as a trusted bridge for both retail and institutional capital.
🔍 The "Global Corridor" Vision
SBI Chairman and CEO Yoshitaka Kitao described the move as a cornerstone of SBI’s global digital asset strategy. The goal is to build a "next-generation financial powerhouse" that integrates:
Tokenized Securities: Bridging traditional stock markets with blockchain.Stablecoin Infrastructure: Powering seamless cross-border payments.Institutional Liquidity: Leveraging SBI’s vast financial network to scale Coinhako’s operations.
💡 The Bottom Line
This acquisition signals a major consolidation phase in the Asian crypto sector. By combining SBI’s institutional muscle with Coinhako’s regional expertise, the partnership aims to cement Singapore’s status as the heart of the world’s next-gen financial system.
What do you think? Does SBI’s entry make you more bullish on the Singapore crypto scene? 💬 Let’s discuss below!
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