SBI Holdings Targets Expansion With Coinhako Acquisition Plan
SBI Holdings revealed on Feb. 14, 2026 that it plans to acquire Coinhako, a leading Singapore-based cryptocurrency exchange and wallet provider. The move is framed as a strategic step to broaden SBI’s digital services across Asia, leveraging Coinhako’s regional user base and fiat on‑ramp capabilities. Exact financial terms and closing timelines were not disclosed in the initial announcement.
The acquisition could accelerate product integration—custody, trading, and payments—and help SBI compete more effectively in Southeast Asia’s fast-growing crypto market. For users, the combination may mean expanded liquidity, more fiat rails, and cross-border services, while regulators will likely scrutinize how the merged operations handle compliance and consumer protection. The deal follows a trend of established financial groups building scale in regional crypto infrastructure.