ChainCatcher reports that, according to market sources, Japanese financial group SBI Holdings has announced that its subsidiary plans to acquire a majority stake in Singapore-based digital asset exchange Coinhako, pending regulatory approval.
The transaction includes providing investment capital and purchasing shares from existing shareholders. Coinhako holds a license from the Monetary Authority of Singapore and is regulated in the British Virgin Islands, with over ten years of operation in the digital asset space. The acquisition aims to integrate Coinhako’s infrastructure with SBI’s global financial network to develop a digital asset ecosystem in Asia. An SBI representative stated that this move aligns with their strategy to expand digital asset infrastructure and develop next-generation financial services.
Coinhako CEO Yusho Liu said the company plans to enhance its infrastructure to meet the growing demand for tokenized assets and stablecoins, while Singapore will continue to serve as a key hub.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
'Midnight Isn't Hurting Cardano,' Insider Defends Charles Hoskinson's Vision - U.Today
Cardano DRep dori defends the privacy chain Midnight, stating it complements rather than competes with Cardano. He emphasizes Midnight's role in enhancing privacy and scalability, addressing market demands for institutional users. Dori supports Hoskinson's vision, highlighting the importance of Midnight in the Cardano ecosystem, especially with its recent mainnet launch.
UToday5h ago
Concrete Joins Forces With Euler to Build Institutional DeFi Lending
Concrete and Euler have partnered to enhance institutional-grade decentralized finance (DeFi) lending by building customizable and secure lending markets. This collaboration focuses on establishing structured vaults, managing risk parameters, and ensuring high-quality lending environments.
BlockChainReporter6h ago
BYDFi Perpetual Futures Data Now Live on TradingView
VICTORIA, Seychelles, March 12, 2026 — BYDFi announced the integration of its perpetual futures market data into TradingView, enabling traders to access real-time pricing and crypto market signals directly within TradingView charts. The integration supports more efficient workflows by bringing BYDFi
CoinDesk9h ago
Symbiosis Finance Expands Into X1 EcoChain to Unlock Cross-Chain Interoperability and Web3 Liquidity
Symbiosis Finance, a multi-chain liquidity protocol that enables cross-chain token swaps from various blockchain networks, today announced a strategic expansion into X1 EcoChain, an EVM-compatible Layer-1 DEPIN blockchain network that offers an eco-friendly and scalable solution for decentralized ap
BlockChainReporter10h ago
FIFA and ADI Predictstreet have partnered to bring prediction markets to the 2026 World Cup
FIFA and ADI Predictstreet have partnered to make it the official prediction market partner for the 2026 World Cup, for the first time introducing a prediction market mechanism to enhance fan engagement. Fans can use the platform to predict match results and other event data, and the ADI token price rises as a result.
GateNews13h ago
