SBI Makes Bold Move With Major Crypto Exchange Acquisition in Singapore - Crypto Economy

CryptoEconomy · 2026-02-17T21:20:25+00:00

SBI Holdings plans to acquire a majority stake in Singapore's Coinhako, enhancing its cryptocurrency presence in Asia and access to the financial hub. This move integrates Coinhako into SBI's ecosystem, focusing on expanding digital asset services.

CryptoEconomy

2026-02-17 21:20:25

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SBI Holdings signed a letter of intent to acquire a majority stake in Coinhako, one of the leading cryptocurrency exchanges in Singapore. The transaction includes new capital and the purchase of existing shares and is pending regulatory approval.

Coinhako will become a consolidated subsidiary of SBI and will be integrated into the group’s cryptocurrency ecosystem in Asia, which already includes B2C2, SBI VC Trade, and AsiaNext. The operation strengthens the company’s presence in Southeast Asia and expands its infrastructure to spot trading, tokenized equities, stablecoins, and cross-border digital asset corridors.

The acquisition will give SBI immediate access to Singapore’s financial hub through Coinhako’s Major Payment Institution license. In addition, the company owns Alpha Hako Ltd. in the British Virgin Islands, enhancing its international reach.

The company is unifying regulated exchanges, institutional liquidity, and custody services to build a global digital asset corridor that serves both retail and institutional investors.

Source: https://www.sbigroup.co.jp/english/news/pdf/2026/0213_a_en.pdf

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