SBI Holdings Acquires Coinhako Majority Stake, Deepens its Asia Crypto Footprint
Summary
SBI Holdings acquired a majority stake in Singapore-based crypto exchange Coinhako after receiving regulatory approval. The deal expands SBI’s digital asset presence in Singapore and across Southeast Asia. SBI plans to use Coinhako to support cross-border trading, stablecoins, tokenization, and other on-chain financial services. The acquisition also fits into SBI’s broader digital asset strategy, which includes recent moves involving Bitbank, Solana, and Ondo Finance.
Classifications
industries
Fintech & Banking
applications
Data Warehousing Software
AskAI Classifications
Labels
Blockchain Infrastructure
Developer Tools
Payment APIs
Linked Companies
Solana Foundation
$1M to $5M
Ondo
$1M to $5M