SBI Holdings Completes Major Acquisition of Coinhako

Japanese financial powerhouse SBI Holdings has officially completed its majority acquisition of Coinhako. The deal follows formal approval from the Monetary Authority of Singapore. Coinhako holds a full license to provide digital payment token services, making it a strategic asset for the Japanese firm.

This move integrates the Singapore exchange into the wider SBI digital asset network. By securing a foothold in a regulated hub, SBI aims to strengthen its reach within the regional crypto market. This transition keeps Coinhako operational under its existing regulatory framework while benefiting from the resources of its new parent company.

Investors are now watching how this partnership will shape future product offerings in Singapore. The deal highlights a growing trend of established financial institutions taking control of verified local platforms to capture market share. Keep an eye on any new service updates or integrations between the two entities in the coming months.