Japan's SBI Group is building Asia's first cross-border digital asset empire

CoinDesk·

Japan's SBI Group is building Asia's first cross-border digital asset empire

60-second summary

Japan's SBI Group is rapidly expanding its regional digital asset empire by consolidating Singapore-based Coinhako, marking Asia's first cross-border digital asset empire. This move includes a tokenization partnership with Ondo Finance, further solidifying SBI's presence in the region. The acquisition is expected to boost SBI's user base and expand its digital asset offerings.

The securities giant announced today the consolidation of Singapore-based Coinhako as part of a rapid regional expansion that includes a tokenization partnership with Ondo Finance.