SBI Holdings, Inc has obtained the necessary approval from the Monetary Authority of Singapore (MAS) for a capital injection into and the acquisition of shares from existing shareholders of Holdbuild Pte. Ltd. (Coinhako), through its subsidiary SBI Ventures Asset Pte. Ltd.

Consequently, SBI acquired a majority stake in Coinhako as of July 16, making it a consolidated subsidiary.

SBI announced its intentions for the acquisition in February 2026.

The Coinhako Group is a pioneer in the digital asset sector in Singapore. It primarily operates through Hako Technology Pte. Ltd., which holds a Major Payment Institution license from the MAS, and Alpha Hako Ltd., a crypto asset service provider registered with the British Virgin Islands Financial Services Commission (BVI FSC).

The SBI Group currently positions Singapore as a vital hub in its digital asset strategy and is promoting the establishment of a digital asset economic zone, with a focus on the APAC region.

Furthermore, through collaboration with Startale, the Group is advancing the construction of a next-generation financial business foundation in the on-chain domain, including the launch of “JPYSC,” Japan’s first trust-type yen-denominated stablecoin.

The acquisition of Coinhako marks a significant step forward in the Group’s global digital asset strategy. By combining the customer base, know-how, and regional network that the Coinhako Group has cultivated through operating a regulatory-compliant crypto asset exchange in Singapore, with the SBI Group’s financial services, technology, and global network, SBI will expand the global corridor for digital assets originating from Japan and Southeast Asia.