SBI Holdings to acquire majority stake in Coinhako

SBI Holdings plans majority stake in Coinhako

SBI Holdings announced on 13 February 2026 that its subsidiary SBI Ventures Asset Pte. Ltd. had entered a letter of intent with Holdbuild Pte. Ltd., the parent of Singapore-based crypto exchange Coinhako. Through this proposed transaction, the SBI Group intends to acquire a majority stake in the Coinhako Group. The structure combines capital investment into the Coinhako Group with the acquisition of shares from several existing shareholders. Specific transaction methods remain under discussion and are subject to receipt of relevant regulatory approvals.

Coinhako operates under MAS MPI licence

Coinhako operates primarily through Hako Technology Pte. Ltd., a Major Payment Institution (MPI) licensed and regulated by the Monetary Authority of Singapore (MAS). This regulatory status allows Coinhako to provide digital payment token services in Singapore under MAS supervision. The planned acquisition would bring a fully licensed and regulated Singapore digital asset platform into the SBI Group. This combination links SBI’s financial services business with Coinhako’s regulated operations in Singapore.

"In this era of tokenization, the importance of global infrastructure for digital assets is growing ever greater. Bringing Coinhako into the SBI Group as a consolidated subsidiary is not merely an investment in a single platform. By integrating it with the digital space ecosystem SBI Group have built, this is a solid step toward realizing the SBI Group's strategy: expanding the global corridor for digital assets and creating next-generation finance including tokenized stock and stable coin.", 13 February 2026. — Yoshitaka Kitao, Representative Director, Chairman & President, SBI Holdings

Transaction structure and regulatory conditions

The proposed transaction consists of new capital injection into the Coinhako Group and the acquisition of shares from several existing shareholders. SBI Ventures Asset is the SBI Group entity designated to carry out this proposed transaction with Holdbuild Pte. Ltd. The parties continue discussions on the concrete implementation of the capital investment and share purchase. Completion of the proposed transaction depends on receipt of the relevant regulatory approvals.

SBI links Coinhako to tokenization strategy

SBI Holdings describes Coinhako as part of a broader strategy to expand a global corridor for digital assets. The group plans to integrate Coinhako with its existing digital space ecosystem as a consolidated subsidiary. In the official statement, SBI links this move to creating next-generation finance, including tokenized stock and stable coin services. The planned acquisition embeds a MAS-regulated platform inside SBI’s digital asset strategy centered on tokenization.