SBI Acquires Coinhako – Here Is Why Its Asia Crypto Expansion Is Accelerating

• SBI Holdings has acquired a majority stake in Singapore-based crypto platform Coinhako after receiving regulatory approval.
• Coinhako holds a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS).
• The acquisition strengthens SBI’s digital asset strategy and supports future expansion of cross-border crypto services and its JPYSC stablecoin.

SBI Holdings has expanded its presence in Southeast Asia after completing the acquisition of a majority stake in Singapore cryptocurrency platform Coinhako.

The investment was carried out through SBI Ventures Asset Pte. Ltd. following approval from the Monetary Authority of Singapore (MAS). As of July 16, Coinhako officially became a consolidated subsidiary of SBI Holdings, marking another major milestone in the Japanese financial group’s aggressive digital asset expansion.

The acquisition further reinforces SBI’s strategy of building regulated crypto infrastructure across Asia.

Coinhako Brings Regulatory Strength

Coinhako’s licensed operating entity, Hako Technology Pte. Ltd., holds a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore.

The license allows the company to offer regulated digital payment token services within one of Asia’s most established cryptocurrency regulatory environments.

By acquiring a licensed exchange with an existing customer base and compliance framework, SBI gains an immediate foothold in Singapore’s growing digital asset market.

SBI Expands Cross-Border Crypto Services

According to SBI, the acquisition will combine Coinhako’s local market expertise with the group’s broader financial services network to strengthen cross-border digital asset infrastructure.

The company plans to expand crypto services connecting Japan and Southeast Asia, using its regional presence to improve access to regulated digital asset products across multiple jurisdictions.

The move also aligns with SBI’s broader vision of integrating blockchain technology into traditional financial services.

JPYSC Stablecoin Plays a Key Role

SBI said it also intends to integrate Coinhako into its expanding digital finance ecosystem, including support for JPYSC, the group’s yen-backed stablecoin.

The acquisition follows a series of recent blockchain initiatives by SBI, including partnerships involving tokenized assets, stablecoin infrastructure, and institutional digital finance.

By combining regulated exchanges, payment infrastructure, and stablecoins, SBI continues building a broader ecosystem designed to support the next generation of cross-border financial services.

Asia’s Digital Asset Market Continues Growing

The Coinhako acquisition reflects the growing importance of regulated crypto infrastructure across Asia as traditional financial institutions increase their investment in blockchain technology.

With Singapore remaining one of the world’s leading digital asset hubs, the addition of Coinhako provides SBI with a stronger regional presence while supporting its long-term strategy of expanding regulated digital asset services throughout Asia.

As stablecoins, tokenized assets, and cross-border blockchain payments continue gaining traction, SBI’s latest acquisition further positions the company among the region’s most active institutional investors in digital finance.

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