Wire · operational-macro
SBI Takes Control of Coinhako after MAS Approval
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Fusion42 · 19 July 2026 · Fusion42 review
SBI Holdings acquired majority control of Singapore-based crypto exchange Coinhako after Monetary Authority of Singapore approval, integrating it as a subsidiary to build a Japan-Southeast Asia digital asset corridor for stablecoin, tokenization, and cross-border payment services.
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◆ ◆ The Wire takeaway
A traditional Japanese bank just bought a regulated crypto exchange to build infrastructure between Japan and Southeast Asia - if you're building stablecoins, tokenized assets, or cross-border rails for that corridor, SBI now has distribution, regulatory approval, and customer access to shut you out or buy you.
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