SBI Holdings completes majority acquisition of Singapore crypto platform Coinhako following MAS approval
The Block·
60-second summary
SBI Holdings completes majority acquisition of Singapore crypto platform Coinhako, following approval from the Monetary Authority of Singapore, MAS. The licensed exchange is now folded into SBI's expanding digital asset network, further solidifying its position in the Southeast Asian market. This move is expected to boost SBI's regional presence and influence.
SBI Holdings acquired Singapore's Coinhako after MAS approval, folding the licensed exchange into its expanding digital asset network.