Tag: Singapore

JPMorgan’s Kinexys Lands Major Win as South Korea’s Largest Bank Adopts Blockchain Payments

Key highlights: KB Kookmin Bank has embraced JPMorgan’s Kinexys network for cross-border payments. The bank is the first financial institution to adopt JPMorgan’s Kinexys.  The move highlights the growing adoption of blockchain in South Korea’s TradFi.  KB Kookmin Bank, the largest financial institution in South Korea, is expanding its use of blockchain technology with JPMorgan’s […]

SBI Holdings Acquires Majority Stake in Singapore’s Coinhako Amid Plans For Asian Expansion

Key highlights: SBI Holdings snaps up a majority stake in Singapore-based crypto exchange Coinhako. Exact valuation for the deal is still under wraps, with MAS approving the acquisition. SBI Holdings is extending its footprint beyond Japan in a bullish expansionist model. Japan-based financial conglomerate SBI Holdings has acquired a majority stake in Holdbuild, the parent […]