SBI Holdings completes majority acquisition of Singapore crypto platform Coinhako following MAS approval

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Japanese financial giant SBI Holdings has completed the acquisition of a majority stake in cryptocurrency exchange CoinHako, following approval from the Monetary Authority of Singapore (MAS). This acquisition is part of SBI's strategy to expand its global digital asset market presence, aiming to strengthen its position in Southeast Asia. Investors are closely watching how this move will impact the profitability and market share of SBI's cryptocurrency business.

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