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SBI buys majority stake in Coinhako to deepen Singapore digital asset push

Japanese financial services group SBI Holdings has acquired a majority stake in Singapore-based crypto exchange Coinhako, turning the company into a consolidated subsidiary after receiving approval from the market regulator Monetary Authority of Singapore (MAS). The transaction, completed on July 16 through SBI Ventures Asset, involves both a capital injection into Holdbuild, Coinhako’s parent company, [] The post SBI buys majority stake in Coinhako to deepen Singapore digital asset push appeared first on e27 .

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Source: e27.co

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