{"id":199901,"date":"2026-07-17T17:38:02","date_gmt":"2026-07-17T17:38:02","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=199901"},"modified":"2026-07-17T17:38:02","modified_gmt":"2026-07-17T17:38:02","slug":"sbi-holdings-takes-majority-stake-in-singapores-coinhako-after-mas-approval","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=199901","title":{"rendered":"SBI Holdings Takes Majority Stake in Singapore\u2019s Coinhako After MAS Approval"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

SBI Holdings Takes Majority Stake in Singapore\u2019s Coinhako After MAS Approval<\/a><\/p>\n

<\/div>\n

SBI Holdings has completed the acquisition of a majority stake in Coinhako, a Singapore-based cryptocurrency platform, after securing approval from the Monetary Authority of Singapore (MAS).\u00a0<\/p>\n

The Japanese financial group made the purchase through its subsidiary SBI Ventures Asset Pte. Ltd., which injected capital into Coinhako parent Holdbuild Pte. Ltd. and bought shares from existing shareholders. The transaction closed July 16<\/a>, making Coinhako a consolidated subsidiary.<\/p>\n

Coinhako operates<\/a> through Hako Technology Pte. Ltd., holder of a Major Payment Institution license from MAS, and Alpha Hako Ltd., a crypto asset service provider registered with the British Virgin Islands Financial Services Commission.\u00a0<\/p>\n

The platform spent a decade building a customer base across Southeast Asia, a region SBI<\/a> now positions as a base for its digital asset strategy.<\/p>\n

SBI plans to combine Coinhako\u2019s customer base, operational expertise, and regional network with its own financial services, technology, and global footprint. The company intends to expand a digital asset corridor that starts with Japan and Southeast Asia, and to develop services tied to its JPYSC yen-denominated stablecoin. SBI also flagged opportunities in tokenization, on-chain finance, and cross-border trading.<\/p>\n

\u201cOur group aims to create a global corridor for digital assets by connecting exchanges around the world, enabling investors worldwide to make optimal investments without being hindered by national borders or currency barriers,\u201d Chairman Yoshitaka Kitao said. He described Singapore as a crucial region because its digital asset regulations are ahead of the curve.<\/p>\n

Coinhako co-founder and CEO Yusho Liu called the deal a natural step. \u201cFor the past 10 years, we have built from the ground up Southeast Asia\u2019s most trusted and legally compliant cryptocurrency platform in the world\u2019s most advanced regulatory environment,\u201d he said, adding that SBI\u2019s backing gives the firm a stronger foundation.<\/p>\n

SBI Holding\u2019s crypto moves<\/h2>\n

The acquisition caps a run of crypto moves by the conglomerate, which holds more than 14 million users and $308 billion in assets under custody. In the past month, SBI led<\/a> EDX Markets\u2019 $76 million Series C, backed risk manager Gauntlet, launched JPYSC, and partnered with the Solana Foundation on an on-chain financial market in Japan.\u00a0<\/p>\n

In June, the group agreed<\/a> to buy Tokyo exchange Bitbank for about $289 million, and this week it teamed<\/a> with Ondo Finance to tokenize Japanese equities.<\/p>\n

One limit remains: JPYSC does not yet support withdrawals to external wallets, which confines its use to SBI\u2019s own platform.<\/p>\n

This post SBI Holdings Takes Majority Stake in Singapore\u2019s Coinhako After MAS Approval<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine SBI Holdings Takes Majority Stake in Singapore\u2019s Coinhako After MAS Approval SBI Holdings has completed the acquisition of a majority stake in Coinhako, a Singapore-based cryptocurrency platform, after securing approval from the Monetary Authority of Singapore (MAS).\u00a0 The Japanese financial group made the purchase through its subsidiary SBI Ventures Asset Pte. Ltd., which […]<\/p>\n","protected":false},"author":0,"featured_media":199902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-199901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/199901"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=199901"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/199901\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/199902"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=199901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=199901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=199901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}