ChainCatcher reports that, according to market sources, Japanese financial group SBI Holdings has announced that its subsidiary plans to acquire a majority stake in Singapore-based digital asset exchange Coinhako, pending regulatory approval.
The transaction includes providing investment capital and purchasing shares from existing shareholders. Coinhako holds a license from the Monetary Authority of Singapore and is regulated in the British Virgin Islands, with over ten years of operation in the digital asset space. The acquisition aims to integrate Coinhako’s infrastructure with SBI’s global financial network to develop a digital asset ecosystem in Asia. An SBI representative stated that this move aligns with their strategy to expand digital asset infrastructure and develop next-generation financial services.
Coinhako CEO Yusho Liu said the company plans to enhance its infrastructure to meet the growing demand for tokenized assets and stablecoins, while Singapore will continue to serve as a key hub.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Circle Minted $3.25 Billion USDC on Solana Past Week, What This Means
Circle Internet Group minted $3.25 billion in USDC on the Solana blockchain, marking the largest weekly issuance in 2026. This move reflects Circle's strategy to enhance USDC's accessibility and capitalize on Solana's speed and low fees amid rising stablecoin demand.
BlockChainReporter1h ago
Nasdaq-listed OFA Group reaches a $15 million RWA tokenization agreement
OFA Group and MD Queens Development have reached an agreement to provide RWA tokenization services, supporting the blockchain infrastructure for a Long Island project in New York. OFA will receive a total of $15 million in funding, paid in stages.
GateNews2h ago
BTC Digital and Aurora Energy Partner to Build an AI Computing Platform Powered by Natural Gas
Gate News message, April 6, BTC Digital signed a joint development and operations agreement with Canadian energy company Aurora Energy. The two sides will combine Aurora Energy’s natural gas resource advantages and BTC Digital’s experience in operating computing infrastructure to jointly build high-performance computing facilities. The facility’s initial phase will support Bitcoin mining, with plans to expand in the future to artificial intelligence computing, data center computing, and other high-performance computing application scenarios.
GateNews3h ago
Ethereum Becomes Institutional Base Layer to Drive Global Finance
Major financial institutions are transitioning from blockchain experiments to deploying real-world markets on Ethereum, particularly in the $12.5 trillion repo market. This shift highlights Ethereum’s evolving role as a crucial ecosystem for global finance, enhancing liquidity, transparency, and operational efficiency.
BlockChainReporter9h ago
