{"id":4046,"date":"2026-07-18T22:49:14","date_gmt":"2026-07-18T22:49:14","guid":{"rendered":"https:\/\/nile1.com\/en\/?p=4046"},"modified":"2026-07-18T22:49:14","modified_gmt":"2026-07-18T22:49:14","slug":"sbi-holdings-secures-majority-stake-in-singaporean-crypto-exchange-coinhako","status":"publish","type":"post","link":"https:\/\/nile1.com\/en\/2026\/07\/18\/sbi-holdings-secures-majority-stake-in-singaporean-crypto-exchange-coinhako\/","title":{"rendered":"SBI Holdings Secures Majority Stake in Singaporean Crypto Exchange Coinhako"},"content":{"rendered":"

Japanese financial services giant SBI Holdings<\/strong> has secured regulatory approval from the Monetary Authority of Singapore<\/strong> (MAS) to acquire a majority stake in Holdbuild, the parent company of Singapore-based cryptocurrency exchange Coinhako<\/strong>.<\/p>\n

The regulatory greenlight paves the way for SBI to execute a capital injection and acquire shares from existing shareholders, officially turning Coinhako into a consolidated subsidiary of the Tokyo-based financial conglomerate, according to a Thursday announcement.<\/p>\n

The acquisition represents a significant bridge between Japan\u2019s institutional digital asset ecosystem and Singapore\u2019s highly regulated crypto market. Coinhako operates under a coveted Major Payment Institution<\/strong> (MPI) license in Singapore, held through its subsidiary, Hako Technology Pte. Ltd. This licensing framework, administered by the MAS, is widely regarded as one of the most stringent regulatory regimes in the world, allowing licensed entities to offer digital payment token services to both retail and institutional clients without being subject to standard transaction limits.<\/p>\n

SBI first signaled its intention to acquire a majority stake in the Singaporean platform back in February. While the financial terms of the transaction were not disclosed, and SBI did not immediately respond to requests for comment regarding the specific details of the deal, the strategic implications are clear.<\/p>\n

SBI plans to leverage Coinhako\u2019s established regional network and retail customer base to accelerate its own digital asset and financial services businesses across Southeast Asia. A core component of this integration will involve SBI\u2019s proprietary JPYSC stablecoin<\/strong> initiative. Japan\u2019s revised Payment Services Act, which went into effect in June 2023, established a clear legal framework for stablecoins, prompting major domestic financial institutions to develop yen-pegged tokens. SBI\u2019s integration of its stablecoin with Coinhako\u2019s infrastructure could facilitate seamless cross-border settlements and liquidity corridors between Japan and Singapore.<\/p>\n

This acquisition is the latest in a series of aggressive moves by SBI to solidify its dominance in the global digital asset space. Earlier this month, the conglomerate led a $76 million Series C funding round for EDX Markets<\/strong>, a prominent institutional crypto exchange backed by major Wall Street players. Additionally, SBI recently announced plans to acquire Japanese crypto exchange Bitbank for $289 million, a move aimed at creating one of Japan\u2019s largest domestic trading platforms.<\/p>\n

SBI has identified Singapore as a critical anchor for its broader Asian expansion. To solidify its local presence, the firm announced plans to host its first-ever overseas branch managers\u2019 meeting in Singapore this summer.<\/p>\n

Beyond exchange acquisitions, SBI is heavily focused on the rapidly growing real-world asset (RWA) tokenization sector. Just this week, the firm partnered with Ondo Finance<\/strong>, a leader in tokenized institutional-grade finance, to bring tokenized Japanese stocks to market and integrate the JPYSC stablecoin for collateral and settlement purposes.<\/p>\n

This partnership aligns with SBI\u2019s underlying blockchain infrastructure strategy. In February, SBI and Startale Group unveiled Strium<\/strong>, a specialized layer-1 blockchain designed specifically for tokenized securities and real-world assets. Strium is engineered to support 24\/7 trading, tokenized equity settlement, and institutional-grade financial applications, serving as the technical backbone for SBI\u2019s expanding digital asset footprint across Japan and international markets.<\/p>\n","protected":false},"excerpt":{"rendered":"

Japanese financial services giant SBI Holdings has secured regulatory approval from the Monetary Authority of Singapore (MAS) to acquire a majority stake in Holdbuild, the parent company of Singapore-based cryptocurrency exchange Coinhako. The regulatory greenlight paves the way for SBI to execute a capital injection and acquire shares from existing shareholders, officially turning Coinhako into …<\/p>\n","protected":false},"author":1,"featured_media":4048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[7],"tags":[6412,6205,6415,6414,6413,6416,6411,6417],"class_list":["post-4046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-coinhako","tag-edx-markets","tag-jpysc-stablecoin","tag-major-payment-institution","tag-monetary-authority-of-singapore","tag-ondo-finance","tag-sbi-holdings","tag-strium"],"_links":{"self":[{"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/posts\/4046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/comments?post=4046"}],"version-history":[{"count":1,"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/posts\/4046\/revisions"}],"predecessor-version":[{"id":4047,"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/posts\/4046\/revisions\/4047"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/media\/4048"}],"wp:attachment":[{"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/media?parent=4046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/categories?post=4046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nile1.com\/en\/wp-json\/wp\/v2\/tags?post=4046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}