coinhako

SBI Holdings acquired a majority stake in Coinhako

#SBIHoldings has completed the acquisition of a majority stake in Singapore-based crypto platform #Coinhako . Following approval from the Monetary Authority of Singapore, the acquisition brings Coinhako into SBI's consolidated subsidiaries as part of its broader push to strengthen its digital asset business in Japan and Southeast Asia. The acquisition paves the way for deeper integration with SBI's digital financial services, including its JPYSC yen stablecoin.

👉 x.com/CoinMarketCap/status/2023803444721590509

SBI Holdings has obtained regulatory approval from Singapore and officially completed its acquisition of the local cryptocurrency exchange Coinhako.

#SBI Holdings #Coinhako #Singapore

SBI Group Japan builds the first cross-border digital asset empire in Asia

- SBI Securities (Japan) announced the merger of the Coinhako exchange, based in Singapore.
- This is part of a rapidly expanding strategy in the Asia region.
- SBI also partnered with Ondo Finance to develop tokenization services for assets.
- This move marks an important step in building the first cross-border digital asset empire in Asia.

#BinanceSquare #CryptoNews #SBI #Coinhako #OndoFinance Tokenization Blockchain

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Source: CoinDesk

SBI Holdings acquires Coinhako, expands into stablecoins and tokenized assets

<ul>SBI Holdings Group has received regulatory approval to purchase a majority stake in Coinhako, a cryptocurrency exchange headquartered in Singapore.</li>This move marks SBI’s strategic expansion into new areas such as stablecoins, on-chain finance, and tokenized assets.</li>The acquisition of Coinhako will strengthen SBI’s position in the rapidly growing cryptocurrency market in Asia.</li></ul>#SBIHoldings #Coinhako #CryptoNews #Singapore #Stablecoin TokenizedAssets BinanceSquare

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Source: CoinTelegraph