Japanese Financial Giant SBI Holdings Inherits 1.1 Trillion Shiba Inu Through Coinhako Acquisition

Japanese financial giant SBI Holdings has gained exposure to a substantial Shiba Inu holding following its acquisition of Singapore-based cryptocurrency exchange Coinhako.

The acquisition, carried out through SBI’s subsidiary, SBI Ventures Asset, received final approval from the Monetary Authority of Singapore (MAS), allowing the transaction to close. As a result, Coinhako has become a consolidated subsidiary of SBI Holdings.

Through the acquisition, SBI gains immediate access to Coinhako’s regulated crypto infrastructure, expanding its digital asset ecosystem beyond Japan while strengthening its regional footprint.

SBI Plans Broader Digital Asset Expansion

SBI plans to leverage Coinhako as a gateway to expand its blockchain-based financial services across Southeast Asia. The integration will allow SBI to connect Coinhako’s user base with products such as its yen-backed stablecoin JPYSC and tokenized real-world asset (RWA) offerings.

The acquisition also strengthens SBI’s regulatory position in the region by giving it access to Coinhako’s Singapore-based operations and Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This provides a compliant foundation for expanding digital asset services without building a new infrastructure from the ground up.

SBI Chairman Yoshitaka Kitao said the move aligns with the company’s goal of creating global digital asset corridors that connect Japan and Southeast Asia through faster blockchain-powered payments and cross-border financial services. 

SBI Inherits More Than 1 Trillion SHIB Tokens

Beyond the strategic expansion, the acquisition also gives SBI control over Coinhako’s substantial cryptocurrency treasury. According to blockchain intelligence platform Arkham, Coinhako currently holds $160.87 million worth of digital assets across multiple cryptocurrencies.

Among those assets are 1.11 trillion Shiba Inu tokens, valued at $4.62 million at current market prices. While SHIB represents only a portion of Coinhako’s total holdings, it remains one of the exchange’s largest crypto positions. 

Arkham data shows that Shiba Inu is Coinhako’s sixth-largest cryptocurrency by dollar value. Ethereum, Binance Coin, Chainlink, Tether, and Pepe lead the exchange’s portfolio. 

With Coinhako now operating as an SBI subsidiary, these treasury assets, including the 1.11 trillion SHIB tokens, effectively become part of the broader SBI corporate ecosystem. However, they remain exchange-held assets rather than direct investments by SBI itself. 

What the Acquisition Means for Shiba Inu

Meanwhile, the acquisition does not necessarily indicate that SBI has purchased Shiba Inu as an investment. Instead, the company has assumed ownership of an exchange that already custodies significant amounts of SHIB alongside numerous other digital assets.

Nevertheless, the transaction places more than 1 trillion SHIB tokens under the umbrella of one of Japan’s largest financial groups. It is worth noting that SBI’s crypto exchange arm, SBI VC Trade, already supports Shiba Inu trading and has launched several campaigns for users, including staking opportunities and token giveaways.