SBI Holdings completes majority acquisition of Singapore crypto platform Coinhako following MAS approval

SBI Holdings has officially taken control of Singapore-based crypto platform Coinhako, following regulatory approval from the Monetary Authority of Singapore (MAS). This acquisition marks a significant step in SBI Holdings' strategy to expand its digital asset operations globally. The integration of Coinhako into SBI's network could enhance its service offerings and solidify its presence in the Asian crypto market, reflecting a broader trend of traditional financial institutions embracing blockchain technology and digital currencies.