SBI Holdings Targets Regional Crypto Hub With Coinhako Stake
Japan’s SBI Holdings is set to take a controlling interest in Singapore-based Coinhako via its wholly owned unit, SBI Ventures Asset Pte. Ltd. The deal, announced Monday, adds a regulated Southeast Asian exchange to SBI’s portfolio as the firm continues its strategic expansion across Asia’s digital-asset ecosystem.
The acquisition matters because it bolsters SBI’s on-the-ground presence in a key regional market and gives it direct access to Coinhako’s local licenses, user base and compliance framework. For customers and competitors, the deal could accelerate product rollout and cross-border services while raising the bar for regulated offerings in the region; regulators and market participants will be watching integration and licensing steps closely.