SBI Acquires Coinhako to Establish Singapore Digital Asset Hub

MGR Online•Economy•2d ago

Reader Briefing

SBI Holdings has acquired a majority stake in Coinhako to establish a digital asset hub in Singapore with approval from the Monetary Authority of Singapore.

•SBI Holdings acquired a majority stake in Holdbuild, the parent company of Coinhako.
•The Monetary Authority of Singapore (MAS) approved the acquisition.
•The strategic move aims to integrate customer bases with blockchain financial ecosystems, including the JPYSC stablecoin.
•The acquisition follows an intent to acquire announced by SBI Holdings in February 2026.

Overview

•SBI Holdings announced its intent to acquire the business in February 2026.
•SBI Holdings acquired a majority stake in Holdbuild, the parent company of Coinhako, through capital injections to buy shares from existing shareholders.
•The Monetary Authority of Singapore (MAS) has certified and approved the acquisition by SBI Holdings.
•Coinhako operates as a Major Payment Institution under MAS supervision via its affiliate Hako Technology Pte. Ltd.
•SBI Holdings has entered a strategic partnership with Ondo Finance to offer tokenized Japanese stocks using JPYSC as the primary payment and collateral asset.
•SBI Holdings collaborated with Startale Group in February 2026 to launch Strium, a Layer-1 blockchain for tokenized securities and Real-World Assets.
•SBI Holdings selected Singapore as a strategic hub due to its clear and open regulatory environment under the vision of the Monetary Authority of Singapore (MAS).
•SBI Holdings plans to hold its first overseas branch manager meeting in Singapore during the summer of this year.

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Key Entities

Organization

SBI Holdingsℹ️

A leading financial institution from Japan that acquired a majority stake in Coinhako.

Coinhako

A Singaporean digital asset exchange platform and subsidiary of Holdbuild.

Monetary Authority of Singapore(ธนาคารกลางสิงคโปร์)ℹ️

The financial regulatory authority of Singapore that approved the SBI Holdings acquisition.

Holdbuild

The parent company of the digital asset exchange platform Coinhako.

Hako Technology Pte. Ltd.

An affiliate of Coinhako that holds a Major Payment Institution license.

EDX Marketsℹ️

An institutional cryptocurrency exchange that received a Series C funding round led by SBI Holdings.

Bitbank

A company acquired by SBI Holdings to become an influential digital asset exchange in Japan.

Ondo Finance

A strategic partner of SBI Holdings for offering tokenized Japanese stocks.

Startale Group

A collaborator with SBI Holdings in the launch of the Strium blockchain network.

Strium

A Layer-1 blockchain network designed for tokenized securities and Real-World Assets.

Place

Singapore(สิงคโปร์)ℹ️

A strategic financial hub in Asia chosen by SBI Holdings for its digital asset strategy.

Japan(ญี่ปุ่น)ℹ️

The home country of the financial group SBI Holdings.

Asia(เอเชีย)ℹ️

The broader region where SBI Holdings is establishing its digital asset hub.