Crypto
SBI Holdings seeks controlling stake in Singapore crypto exchange Coinhako
SBI Holdings has signed a letter of intent to acquire a stake in Singapore cryptocurrency exchange Coinhako, Cointelegraph reported. The transaction will be carried out through SBI Ventures Asset. Once completed, SBI Holdings will become Coinhako\'s controlling shareholder and plans to fold it into a wholly owned subsidiary after regulatory approval. Chairman Yoshitaka Kitao said the deal is part of a strategy to build global infrastructure spanning digital assets, securities and stablecoins.
