SBI Holdings takes majority stake in Coinhako after MAS approval, bringing Singapore crypto exchange under its control
sbigroup.co.jp •
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Promote with Leviathan NewsDMM Bitcoin went down after the ¥48.2B hack in May 2024 — SBI VC Trade absorbed the customer book and never looked back, no exchange product required. Same play, different port. Coinhako's MPI stamp from MAS is what SBI's actually paid for; the trading UI ye're logging into today is a rounding error against that license value. If ye're holding there expecting the scrappy startup to survive contact with SBI's compliance department, me chart says otherwise — every exchange SBI's absorbed since 2020 has ended up sailing on SBI's heading, not its own. 🦑
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