July 17, 2026
SBI Holdings, Inc.
(TOKYO: 8473)
SBI Holdings, Inc. (Head Office: Minato-ku, Tokyo; Representative Director, Chairman, President & CEO: Yoshitaka Kitao; hereinafter "the Company") hereby announces that it has obtained the necessary approval from the Monetary Authority of Singapore (MAS) for a capital injection into and the acquisition of shares from existing shareholders of Holdbuild Pte. Ltd. (Head Office: Singapore; Representatives: Yusho Liu / Gerry Eng; hereinafter "Coinhako," and collectively with its group companies, "the Coinhako Group"), through its subsidiary SBI Ventures Asset Pte. Ltd. (Location: Singapore; Representative: Eiichiro So). Consequently, the Company acquired a majority stake in Coinhako as of July 16, making it a consolidated subsidiary.
The Coinhako Group is a pioneer in the digital asset sector in Singapore. It primarily operates through Hako Technology Pte. Ltd., which holds a Major Payment Institution license from the MAS, and Alpha Hako Ltd., a crypto asset service provider registered with the British Virgin Islands Financial Services Commission (BVI FSC).
The SBI Group currently positions Singapore as a vital hub in its digital asset strategy and is promoting the establishment of a digital asset economic zone, with a focus on the APAC region. Furthermore, through collaboration with Startale, the Group is advancing the construction of a next-generation financial business foundation in the on-chain domain, including the launch of "JPYSC," Japan's first trust-type yen-denominated stablecoin.
The acquisition of Coinhako marks a significant step forward in the Group's global digital asset strategy. By combining the customer base, know-how, and regional network that the Coinhako Group has cultivated through operating a regulatory-compliant crypto asset exchange in Singapore, with the SBI Group's financial services, technology, and global network, we will expand the global corridor for digital assets originating from Japan and Southeast Asia.
Moving forward, with a view to linking with the Group's crypto asset and digital finance services and infrastructure, including JPYSC, we endeavor to create new services that seamlessly connect Japan and Southeast Asia. Furthermore, taking into account the laws and regulations of each country and region, we will work to upgrade our crypto asset trading services and explore new business opportunities in areas such as tokenization, stablecoins, on-chain finance, and cross-border transactions.
This year marks a memorable milestone, the 60th anniversary of the establishment of diplomatic relations between Japan and Singapore. The SBI Group plans to hold its first meeting of overseas branch managers in Singapore this summer. Through this, we will further strengthen our business foundation in the country, deepen collaboration with local related organizations and companies, and contribute to the development of the financial and digital sectors in both countries.
[SBI Holdings, Inc. Representative Director, Chairman, President & CEO: Yoshitaka Kitao]
"The SBI Group seeks to establish a global corridor for digital assets by connecting exchanges worldwide, ultimately realizing a world where investors can make optimal investment choices without being hindered by borders or currency barriers. Within this strategy, Singapore plays a vital role as a frontrunner in digital asset regulation. I am truly delighted to welcome Coinhako, which possesses a rock-solid customer base and deep operational expertise, to the SBI Group. By swiftly unlocking a wide range of mutual synergies—including our initiatives around JPYSC—we are committed to delivering next-generation financial services to the market without delay."
[Coinhako Co-Founder & CEO: Yusho Liu]
"Joining SBI Group is the natural next chapter for Coinhako. Over the past decade, we built one of Southeast Asia's most trusted and compliant digital asset platforms — from the ground up, in one of the world's most progressive regulatory environments. With SBI's backing, we now have the institutional scale, the ecosystem, and the mandate to deliver the next generation of digital financial services to our customers across the region. This is just the beginning."
For further information, please contact:
SBI Holdings, Inc.
Corporate Communications Dept., Tel: +81 3 6229-0126
The Coinhako Group
Henryk Abucewicz, Head of Sales, Email: henryk.abucewicz@coinhako.com
Sue Wei, Marketing, Email: xinshu.wei@coinhako.com
