The move aims to strengthen the Tokyo-based firm’s digital asset strategy across Southeast Asia and builds on the partnership outlined earlier this year.
Japanese financial conglomerate SBI Group Holdings (SBI Group) has obtained 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 (Coinhako Group), the Singapore-based digital asset platform led by co-founders Yusho Liu and Gerry Eng. The transaction was executed through SBI Ventures Asset Pte Ltd The transaction was executed through SBI Ventures Asset Pte Ltd, resulting in SBI Holdin