SBI Holdings Moves to Acquire Coinhako in Strategic Asia Expansion

• SBI Holdings accelerates Asia crypto buildout via majority stake in Coinhako exchange
• Licensed status offers gateway into Southeast Asia for tokenization and stablecoins
• Integration links TradFi rails with blockchain to scale tokenized securities across Asia

SBI Holdings has moved to expand its digital asset footprint in Asia through plans to acquire Coinhako, a major cryptocurrency platform based in Singapore. The Japanese financial group announced plans to secure a majority stake through a capital injection and share purchases from existing holders. 

Consequently, the deal signals a strategic push toward building stronger crypto infrastructure across the region. Besides strengthening its market position, SBI aims to combine traditional finance experience with blockchain-based services. The company believes the move will support growing demand for tokenized assets and stablecoins across Asia’s fast-evolving financial markets.

Acquisition Plan Signals Regional Growth Strategy

SBI Holdings said its Singapore subsidiary, SBI Ventures Asset Pte. Ltd., intends to sign a memorandum of understanding with Holdbuild Pte. Ltd., which operates Coinhako. The transaction still requires regulatory approvals and final agreement on deal structure. However, the company expects Coinhako to become a consolidated subsidiary after completion.

Additionally, Coinhako operates through regulated entities, including a Major Payment Institution licensed by the Monetary Authority of Singapore. This regulatory standing gives SBI a stronger gateway into Southeast Asia’s digital asset market. Moreover, Coinhako brings more than a decade of exchange operational experience, which complements SBI’s financial network and capital depth.

Hence, analysts view this acquisition as more than a financial investment. The deal supports SBI’s broader digital strategy, which links crypto markets with mainstream financial services. Consequently, the move could position Singapore as a key regional base for the group’s tokenization ambitions.

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Integration Focuses on Tokenization and Infrastructure

Yoshitaka Kitao, Chairman, President and CEO of SBI Holdings, emphasized the long-term strategic vision behind the acquisition. He stated, “In this era of increasing tokenization, the importance of a global infrastructure for digital assets has never been greater.” He added that integrating Coinhako into SBI’s ecosystem could help expand global digital corridors.

Moreover, SBI plans to use Coinhako’s infrastructure to support institutional and retail investors seeking seamless access to digital assets. Additionally, the company wants to build stronger links between traditional financial systems and blockchain-based products. Consequently, the combined platform could support new services tied to tokenized securities and stablecoins.

Coinhako Eyes Stronger Asian Presence

Coinhako leadership also views the partnership as a growth accelerator. The exchange plans to leverage SBI’s capital and network to expand institutional-grade services across Asia. Significantly, the collaboration could strengthen Singapore’s role as a digital asset hub amid rising global competition.

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