Acquisition Digital Banking

Japan’s SBI to acquire Coinhako


Japanese financial group SBI Holdings announced its subsidiary plans to acquire a majority stake in Singapore-based digital asset platform Coinhako, subject to regulatory approval.

The transaction involves providing investment capital and purchasing shares from existing shareholders.

Coinhako, licensed by Singapore’s Monetary Authority and regulated in the British Virgin Islands, has operated in the digital asset space for over a decade.

The deal aims to integrate Coinhako’s infrastructure with SBI’s global financial network to develop a digital asset ecosystem in Asia.

SBI’s representatives said the move aligns with its strategy to expand digital asset infrastructure and develop next-generation financial services.

Coinhako’s CEO Yusho Liu expressed ambitions to enhance its infrastructure to meet increasing demand for tokenized assets and stablecoins, with Singapore remaining a key hub.

The transaction is still under discussion regarding specific methods and regulatory approvals.

🔗 Source: SBI Holdings

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