SBI Holdings Seeks Majority Stake in Singapore Crypto Exchange Coinhako

It is said that SBI Holdings, which is Japan’s leading financial conglomerate, is on the verge of finalizing a deal to acquire most shares of Coinhako. This move shows how determined the company is to increase its digital assets in the region.

Insiders who are close to the matter revealed that if successful, the acquisition would see SBI Holdings controlling one of the top cryptocurrency exchange platforms in Singapore that is under a license for operation; this will add to its already well-known institutional blockchain finance pioneering status. When completed, this agreement will be another significant development in Japan’s increasing control over Asia’s monitored cryptocurrency sector.

SBI Expands Its Digital Asset Footprint

For some years now, SBI Holdings has engaged in massive investments within the crypto and fintech sectors. It has managed to penetrate into both retail and institutional crypto trading through subsidiaries like SBI VC Trade and SBI Digital Markets.

Coinhako was among the pioneer exchanges set up in 2014 and received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), which is a very exclusive regulatory approval enabling it to offer crypto services while fully complying with national financial laws.

The plan by SBI to take the majority stake is intended to use Coinhako’s strong compliance structure and customer base so that it can provide its services to institutional clients throughout Southeast Asia.

“The partnership aligns perfectly with our vision of regulated digital asset growth since Singapore remains one of the most progressive crypto hubs globally,” said an SBI Holdings spokesperson.

Strengthening Japan-Singapore Financial Ties

This potential purchase is part of wider attempts by Japanese financial organizations to enhance cooperation with Singapore’s fintech sector. The two nations have been portraying themselves as secure, transparent, and innovation-supportive jurisdictions for blockchain development as they witness increased global regulation on cryptocurrencies.

Experts predict that SBI’s entry into Coinhako may quicken institutional adoption of cryptocurrencies in Southeast Asia by combining Japanese financial experience with Singapore’s regulatory environment.”

Coinhako’s Growing Role in Regional Crypto Growth

Having operated for more than ten years, Coinhako is still among the most reliable digital asset exchanges in Singapore, where it serves individual and corporate customers alike. With the investment from SBI, there are plans for expanding its product line, such as crypto custody, digital asset management, tokenized securities, etc.