SBI Holdings targets majority stake in Singapore crypto exchange Coinhako
SBI Holdings is seeking to acquire a majority stake in the Singapore-based cryptocurrency exchange Coinhako. This move is part of SBI's strategy to expand its presence in the digital asset market. Coinhako, which has been operational since 2014, offers a range of services including trading and wallet solutions for cryptocurrencies. The acquisition is expected to enhance SBI's capabilities in the rapidly growing crypto sector in Asia. Financial details of the deal have not been disclosed.
Read the full article: Coin Telegraph