SBI completes majority acquisition of MAS-licensed Singapore exchange Coinhako

Japan’s SBI Holdings completed its acquisition of a majority stake in Singapore crypto platform Coinhako after receiving Monetary Authority of Singapore approval. Coinhako’s principal Singapore operating company holds a Major Payment Institution license. SBI plans to connect Coinhako’s customer base and regional network with its broader exchange, stablecoin, tokenization, and cross-border digital-asset infrastructure.