SBI Holdings Takes Majority Stake in Singapore Crypto Exchange Coinhako

Financial powerhouse SBI Holdings has officially secured a majority stake in Coinhako, a prominent crypto exchange based in Singapore. This deal adds a significant user base of 400,000 to the growing list of digital asset businesses owned by the Japanese firm. Coinhako has long been a key player in the Southeast Asian market, holding a major payments institution license from the local regulator.

For SBI, this acquisition fits into a larger plan to build a massive digital asset network across Asia. By bringing Coinhako under its umbrella, the company gains a stronger foothold in one of the most active crypto hubs in the region. This move signals that institutional interest in regional exchanges remains strong despite recent market fluctuations.

Traders and investors should watch for how this partnership changes service offerings for Coinhako users. Integrating with a major financial institution like SBI often leads to new institutional tools and expanded market access. Keep an eye on any updates regarding cross border liquidity or new trading features as the integration process moves forward.