SBI Holdings has acquired a majority stake in Singapore-based Coinhako, strengthening its digital asset strategy across Japan and Southeast Asia.
Japanese financial group SBI Holdings has acquired a majority stake in Coinhako, one of Singapore’s leading cryptocurrency platforms. The company has announced the deal, which was approved by the Monetary Authority of Singapore (MAS). The transaction was effected on July 16 by a capital injection and share purchase from existing shareholders.
In the process of the transaction, Coinhako will be a consolidated subsidiary of SBI Holdings. However, the companies did not disclose the value of the deal. Holdbuild, the parent company of Coinhako, was part of the acquisition deal.
SBI Expands Its Digital Asset Presence in Southeast Asia
Coinhako is regarded as one of the pioneers in the digital asset industry in Singapore. The company mainly operates through Hako Technology Pte. A Major Payment Institution licensed by MAS, Ltd., Alpha Hako Ltd., is also licensed by the British Virgin Islands Financial Services Commission.
SBI Holdings stated that Singapore is still a major market for its digital asset plan. Hence, the company continues to invest in the Asia-Pacific region. It is also collaborating with Startale to develop the infrastructure for next-generation financial services.
Coinhako, Southeast Asia's Pioneer Crypto Exchange, Joins SBI Group — A New Chapter for Asia's Digital Asset Ecosystem
"Joining SBI Group is the natural next chapter for Coinhako. Over the past decade, we built one of Southeast Asia's most trusted and compliant digital asset… pic.twitter.com/uvs2lmF7P3
— Coinhako (@coinhako) July 17, 2026
Furthermore, SBI is helping to develop JPYSC, Japan’s first trust-based stablecoin. The company thinks that stablecoins and blockchain technology will be a significant part of the financial systems of the future.
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According to SBI, the acquisition of Coinhako marks an important step in its global expansion plans. The partnership will leverage Coinhako’s user base and SBI’s financial strength to enhance digital asset services in various markets.
Moreover, SBI will establish closer ties between Japan and Southeast Asian countries. The company plans to further develop tokenization, stablecoins, on-chain finance, and cross-border trading services in the near future.
The acquisition also aligns with SBI’s vision of building a global digital asset network. The company is looking to provide investors with financial opportunities without significant currency and geographic restrictions.
Coinhako Deal Supports Long-Term Growth Strategy
Singapore is an important region for digital assets, said SBI Holdings Chairman and President Yoshitaka Kitao. The country’s advanced regulatory environment makes it an ideal place to expand blockchain and cryptocurrency services, he said.
Kitao said Coinhako’s experience, customer base, and regional expertise will be beneficial to the SBI Group. He added that the company will see synergies come in soon with the collaboration on projects like JPYSC and other digital finance projects.
Meanwhile, SBI will continue to enhance its cryptocurrency trading services in line with the laws and regulations of the country. The company said compliance will remain a key part of its international growth strategy.
It is also the 60th anniversary of the establishment of diplomatic relations between Japan and Singapore this year. This has led SBI to announce its first overseas branch managers’ meeting later this summer in Singapore.
The event will be a good opportunity for the company to boost its business activities in the country, the company said. It also aims to strengthen its partnership with local finance and digital innovation organizations and businesses.
The acquisition is a sign of SBI Holdings’ increasing interest in digital assets for the time being. The move to add Coinhako to its portfolio is a move that will help the company expand its presence in Southeast Asia and create a wider global network for digital finance.
Bilal Hassan is a seasoned crypto journalist with over five years of experience covering blockchain, digital assets, and global fintech trends. His work focuses on market developments, regulatory shifts, and the evolving landscape of cryptocurrency adoption worldwide.