SBI Holdings acquires majority stake in Coinhako

Japanese financial conglomerate SBI Holdings has completed its acquisition of a majority stake in Singapore-based cryptocurrency platform Coinhako, a move that significantly expands its regulated digital asset footprint in Asia. The deal was finalized on July 16, 2026, after SBI secured the necessary regulatory approval from the Monetary Authority of Singapore.

The transaction was executed through SBI’s subsidiary, SBI Ventures Asset Pte. Ltd., and involved a capital injection and the purchase of shares from existing shareholders. The financial terms of the acquisition were not disclosed. With the completion, Coinhako becomes a consolidated subsidiary of SBI Holdings.

Coinhako operates primarily through Hako Technology Pte. Ltd., which holds a Major Payment Institution license from the Monetary Authority of Singapore, and Alpha Hako Ltd., a crypto asset service provider registered with the British Virgin Islands Financial Services Commission. The platform has been operating in Singapore’s digital asset sector for over a decade.

SBI Holdings stated that it plans to integrate Coinhako’s established customer base, operational expertise, and regional network with its own financial...