SBI Holdings Targets Majority Stake in Singapore Exchange Coinhako

SBI Holdings Targets Majority Stake in Singapore Exchange Coinhako - Invest In Crypto News

Japanese financial conglomerate SBI Holdings is moving to deepen its presence in the crypto sector, announcing plans to take a controlling position in Singapore-based exchange Coinhako. In a Friday announcement, the Tokyo-listed firm said its wholly owned subsidiary, SBI Ventures Asset, has signed a letter of intent with Coinhako’s parent company, Holdbuild, to inject capital into the business and purchase shares from existing investors. If comp…

SBI Makes Bold Move With Major Crypto Exchange Acquisition in Singapore

SBI Holdings signed a letter of intent to acquire a majority stake in Coinhako, one of the leading cryptocurrency exchanges in Singapore. The transaction includes new capital and the purchase of existing shares and is pending regulatory approval. Coinhako will become a consolidated subsidiary of SBI and will be integrated into the group’s cryptocurrency ecosystem in Asia, which already includes B2C2, SBI VC Trade, and AsiaNext. The operation str…

SBI Holdings takes control of Coinhako reinforcing its crypto axis in Singapore - The Cryptocurrency Post

The Japanese financial giant SBI Holdings has executed a decisive move for its Asian expansion by signing a letter of intent to acquire a majority stake in the exchange Coinhako. This strategic operation, channeled through its subsidiary SBI Ventures Asset Pte. Ltd., grants the conglomerate direct access to a platform with institutional license in Singapore, validated by the local monetary authority to operate legally in the digital asset market…

SBI Announces Major Crypto Exchange Acquisition in Singapore

Key Takeaways SBI plans to take a majority stake in Coinhako, expanding its regulated presence in Singapore. The deal includes new capital and share purchases, pending regulatory approval. Coinhako will be integrated into SBI’s broader crypto ecosystem across Asia. SBI clarified it holds a 9% equity stake in Ripple – not $10 billion in XRP tokens. Once the transaction is completed, Coinhako will become a consolidated subsidiary of the Japanese …

SBI Holdings Eyes Majority Stake in Singapore-based Coinhako

SBI Holdings, the Tokyo-listed financial group, is intensifying its crypto play by pursuing a controlling stake in Singapore-based Coinhako. Through its wholly owned subsidiary SBI Ventures Asset, SBI signed a nonbinding letter of intent with Holdbuild, Coinhako’s parent company, to inject capital and acquire shares from existing investors. If the deal moves forward, SBI would secure a majority stake and Coinhako would become a consolidated subs…

SBI Holdings Targets Majority Stake in Singapore Exchange Coinhako – #CryptoUpdatesGNIT

Japanese financial conglomerate SBI Holdings is moving to deepen its presence in the crypto sector, announcing plans to take a controlling position in Singapore-based exchange Coinhako. In a Friday announcement, the Tokyo-listed firm said its wholly owned subsidiary, SBI Ventures Asset, has signed a letter of intent with Coinhako’s parent company, Holdbuild, to inject capital into the business and purchase shares from existing investors. If comp…