SBI Holdings received regulatory approval to acquire a majority stake in Singapore-based crypto exchange Coinhako, expanding its presence in stablecoins, onchain finance and tokenization.

SBI Holdings is acquiring a majority stake in Singapore crypto platform Coinhako, adding 400,000 users to its growing Asian digital asset empire.

SBI Holdings acquired Singapore's Coinhako after MAS approval, folding the licensed exchange into its expanding digital asset network.