By Staff Writer
Japan’s SBI Holdings has announced plans to acquire a majority stake in Coinhako, one of Singapore’s longest-running digital asset platforms, in a move that would deepen SBI’s presence in the region’s regulated crypto market.
In an announcement dated February 13, 2026, SBI said its subsidiary SBI Ventures Asset Pte. Ltd. has signed a letter of intent to inject capital into the Coinhako Group and acquire shares from several existing shareholders.
If completed, Coinhako would become a consolidated subsidiary of SBI Holdings.
SBI framed the deal as part of its broader digital asset strategy, aiming to combine Coinhako’s operating track record with SBI’s balance sheet and financial services reach to build a stronger digital asset platform across Asia.
Coinhako operates through Hako Technology Pte. Ltd., a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS), and Alpha Hako Ltd., which is regulated in the British Virgin Islands.
Yoshitaka Kitao, Chairman and President of SBI Holdings, said the acquisition supports SBI’s push to build a wider “global corridor” for digital assets, including tokenized stocks and stablecoins.
Coinhako CEO and co-founder Yusho Liu said the partnership is intended to accelerate Coinhako’s growth and strengthen its role in Singapore’s digital asset ecosystem as interest rises in tokenized products and stablecoin-linked infrastructure.
SBI said the structure of the investment and share purchase is still being discussed and will be subject to regulatory approvals.
The proposed acquisition follows a series of recent moves by SBI in digital assets. Earlier this month, the group announced a tokenized securities blockchain initiative with Startale Labs, and its SBI VC Trade unit in Japan took on users from DMM Bitcoin following a major hack last year.
The deal also comes as Singapore’s regulated crypto market continues to consolidate, with IG Group recently completing its acquisition of Independent Reserve, a MAS-licensed exchange, as reported by Chooseabroker.ae.
