SBI Ventures Asset intends to inject capital and acquire a majority stake in Coinhako.

Techub News reports, according to SBI Holdings' announcement, its SBI Ventures Asset has signed a letter of intent with Singapore-based crypto trading platform Coinhako, intending to inject capital and acquire shares from existing shareholders, with the goal of obtaining a majority stake and consolidating it into its financial statements. The transaction is still pending finalization of structural details and regulatory approval.