SBI Holdings has acquired a majority stake in Singapore's Coinhako after MAS approval, strengthening its push to build a cross-border digital asset network across Japan and Southeast Asia.
SBI Holdings will acquire Japanese crypto exchange Bitbank for 46.7 billion yen ($288.6 million), creating Japan’s largest regulated crypto exchange group.
In spite of the crypto bear market, mobile wallet provider BRD wants to accelerate its international expansion, and it has secured $15 million in its Series B round to do it.