ChainCatcher reports that, according to market sources, Japanese financial group SBI Holdings has announced that its subsidiary plans to acquire a majority stake in Singapore-based digital asset exchange Coinhako, pending regulatory approval.
The transaction includes providing investment capital and purchasing shares from existing shareholders. Coinhako holds a license from the Monetary Authority of Singapore and is regulated in the British Virgin Islands, with over ten years of operation in the digital asset space. The acquisition aims to integrate Coinhako’s infrastructure with SBI’s global financial network to develop a digital asset ecosystem in Asia. An SBI representative stated that this move aligns with their strategy to expand digital asset infrastructure and develop next-generation financial services.
Coinhako CEO Yusho Liu said the company plans to enhance its infrastructure to meet the growing demand for tokenized assets and stablecoins, while Singapore will continue to serve as a key hub.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana Foundation: Positioning the network as the core infrastructure of the "Internet of Intelligent Agents"
Solana Foundation plans to position its network as core infrastructure for an emerging "agentic internet," where AI systems initiate economic activity. Chief Product Officer Vibhu Norby stated that AI will impact various industries, and Solana's payment infrastructure has already processed approximately 15 million agent-initiated payments. In the future, this will reshape internet business models and drive the development of micropayments and pay-per-use models.
GateNews5m ago
Sky-backed Obex spreads $1 billion across credit, energy and AI assets to expand stablecoin yield
Obex is deploying $1 billion to link Sky's USDS stablecoin with income from tangible assets, moving beyond crypto yields. The initiative includes partnerships to tokenize real-world assets, aiming for stable returns and broader investment access, while expanding the tokenized asset market's rapid growth.
CoinDesk19m ago
Solana bets on AI agents: Foundation says network is becoming core infrastructure for ‘agentic’ internet
The Solana Foundation aims to establish its network as essential for a new "agentic" internet driven by AI, focusing on payments and machine-to-machine commerce. This shift could transform internet monetization and user interactions with crypto, emphasizing Solana's advantages in programmatic payments.
CoinDesk23m ago
Visa Partners with Canton Network and Becomes Network Super Validator
Gate News report: On March 25, payment giant Visa announced a partnership with Canton Network and became a network super validator. Visa's cryptocurrency chief Cuy Sheffield stated that Visa is committed to meeting the operational needs of enterprises, and these needs now all come from on-chain.
GateNews1h ago
Franklin Templeton Partners with Ondo Finance to Launch "Tokenized ETF," Supporting 24/7 Trading in Crypto Wallets
Franklin Templeton and Ondo Finance have partnered to launch tokenized ETFs, enabling global investors to trade U.S. stock, gold, and bond ETFs 24/7, breaking traditional trading constraints. These tokens can serve as collateral in DeFi protocols and lower the barrier to entry for global investors. Initial products target non-U.S. markets including Europe and Asia-Pacific, with potential to accelerate the convergence of traditional asset management and crypto finance in the future.
動區BlockTempo1h ago
Deloitte and Stablecorp Launch QCAD, a Stablecoin Infrastructure for Canadian Financial Institutions
Deloitte and Stablecorp are partnering to integrate QCAD into banking systems, enhancing digital transactions. This initiative supports Canada's Bill C-15, focusing on interbank clearing, cross-border payments, and improving payment efficiency using blockchain.
CryptoFrontNews1h ago
