Japan's SBI to acquire Coinhako. Japanese financial group SBI Holdings announced its subsidiary plans to acquire a majority stake in Singapore-based digital asset platform Coinhako, subject to regulatory approval. The transaction involves providing investment capital and purchasing shares from existing shareholders. Coinhako, licensed by Singapore's Monetary Authority and regulated in the British Virgin Islands, has operated in the digital asset space for over a decade. The deal aims to integrate Coinhako's infrastructure with SBI's global financial network to develop a digital asset ecosystem in Asia. SBI's representatives said the move aligns with its strategy to expand digital asset infrastructure and develop next-generation financial services. Coinhako's CEO Yusho Liu expressed ambitions to enhance its infrastructure to meet increasing demand for tokenized assets and stablecoins, with Singapore remaining a key hub. The transaction is still under discussion regarding specific methods and regulatory approvals. Food for thought. Implications, context, and why it matters. SBI's proposed Coinhako acquisition builds on its earlier investment and the exchange's shift toward institutions. * The proposed purchase would extend an existing tie, since SBI Holdings invested in Coinhako through the SBI-Sygnum-Azimut Digital Asset Opportunity (DAO) fund in 2021 1. * Coinhako later reoriented its business toward institutional clients, including investment firms and other professional trading organizations. Revenue tripled to S$29.7 million in 2024, and these clients generated 65% of trading volume 2. * The expansion also raised expenses, as losses grew after Coinhako spent heavily on infrastructure and hires needed to support that institutional base 2. The deal underscores how traditional finance uses acquisitions to speed up crypto infrastructure plans. * SBI's approach matches a wider trend where established financial firms buy regulated crypto platforms to move into digital assets faster than building in-house. * The majority-stake acquisition still needs regulatory approval. If it closes, SBI would gain a licensed base in Singapore that can support existing digital asset efforts, including participation through SBI Digital Asset Holdings in the Monetary Authority of Singapore (MAS) Project Guardian tokenisation initiative 3. * The transaction also fits a consolidation arc, with larger groups acquiring crypto operators that struggled to stay profitable after rapid growth. Recent SBI Holdings developments. How would you feel if you could no longer use Tech in Asia? Share, tag us, and land on our Wall of!

Coinhako explores evolving markets and financial infrastructure with commodities institutions at APAC's Commodity Trading Week. Singapore, 29 January 2026 - Coinhako, a Singapore-based digital asset platform, participated as a sponsor at APAC's Commodity Trading Week, held in Singapore from 27 to 28 January 2026. Engaging commodities institutions on markets, risk and evolving financial infrastructure. During the two-day event, Coinhako engaged with participants across commodities, trading and financial services, with conversations spanning market dynamics, risk management and financial infrastructure. These exchanges reflected a broader shift underway across global markets, as traditional trading institutions increasingly explore how established risk and settlement frameworks may evolve alongside digital asset infrastructure. For Coinhako, these discussions reaffirmed the importance of building compliant, institution-grade systems that bridge traditional markets and the digital asset ecosystem over the long term. Coinhako looks forward to continuing these conversations and engaging with a broader group of industry peers at future industry events. About Coinhako. Founded in 2014, Coinhako is licensed by the Monetary Authority of Singapore and registered with the Financial Services Commission of the British Virgin Islands to provide digital asset token related services to retail, high net-worth and institutional investors. Coinhako offers multicurrency trading spot pairs for over 100+ cryptocurrencies, as well as access to options, structured products, and OTC services (subject to related applicable regulatory requirements) to meet its clients' trading needs. Coinhako is backed by prominent investors, including Tim Draper, along with established venture capital firms such as Boost VC, Jump Capital, Vina Capital, SBI Holdings, Sygnum Bank, and Azimut Investment Management. All opinions expressed here by Coinhako.com are intended for educational purposes, taken from the research and experiences of the writers of the platform, and should not be taken as investment or financial advice.

Coinhako, (a leading Singapore-based firm a leading digital asset platform in Singapore) today announces it will be joining Fusion Digital Assets, TP ICAP’s FCA registered UK-based wholesale spot cryptoasset exchange.Coinhako will be joining as trading counterpart, providing and consuming liquidity on the exchange. The collaboration will see the integration of Coinhako’s advanced trading and liquidity solutions with Fusion Digital Assets, helping facilitate risk exchange and increase liquidity in response to the growing demand of the wholesale market.Kelvin See, Head of Trading, Coinhako: “This announcement aligns Coinhako with a significant increase in institutional adoption of cryptocurrencies, spurred by the formation of digital assets as a standalone investment class. As institutional investors increasingly seek portfolio diversification through cryptoassets, the requirement for platforms capable of handling increased order sizes in the wholesale market becomes paramount. For sophisticated investors and trading firms, liquidity, transparency and price slippage are crucial considerations, and this partnership will cater to those needs and will help drive further adoption.”Simon Forster, Managing Director, TP ICAP Digital Assets: “2024 was a watershed moment for the cryptoasset class: the year that the wholesale market truly began to take permanent shape. Fusion Digital Assets is built to offer institutional clients a reliable platform to access high-quality liquidity, positioning us to capitalize on the growth of the wholesale crypto market. Adding a partner of Coinhako’s calibre is another important step forward in the growth of our exchange and paves the way for an even stronger and more promising 2025”