Hako Technology Pte. Ltd. (dba Coinhako)

To enable access to the crypto economy in Asia.

Founded in 2014, Coinhako operates as Singapore's longest-standing cryptocurrency platform and one of the most established in Asia Pacific. The company holds a Major Payment Institution license from the Monetary Authority of Singapore, allowing it to provide regulated Digital Payment Token services. Coinhako serves retail users, high-net-worth individuals, and institutional clients through its app-based exchange and digital asset wallet. The platform supports over 100 cryptocurrencies including Bitcoin, Ethereum, and Solana, with seamless SGD on-and-off ramps via PayNow, FAST transfers, and credit cards. With over 400,000 users worldwide and more than $10 billion in crypto settlements facilitated, Coinhako positions itself as Asia's gateway to the crypto economy. The company experienced massive growth in 2024, with annual revenue more than tripling to S$29.7 million, largely driven by a 5x increase in institutional trading volume.

Products

The core platform enables users to buy, sell, swap, and store over 200 cryptocurrencies through both mobile app and web interfaces. Coinhako offers spot trading with over 100 trading pairs, automated recurring buys for dollar-cost averaging, and a rewards system. The Superwallet supports multiple blockchains and token standards for secure storage. For institutions, Coinhako Institutional provides deep liquidity, OTC block trading with zero fees on USD stablecoins, and enterprise custody solutions. Coinhako Treasures offers structured products like Sell High (Buy-Write) and Buy Low (Dual-Crypto Stable) for high-net-worth clients. All services maintain SOC 2 and ISO 27001 security certifications.

Funding

Coinhako has raised over $18 million across multiple rounds from investors including Mirana Ventures, Boost VC, Peak Capital, Tim Draper, and SBI Holdings. The company completed a Series A in December 2021 with SBI Group participation, followed by a $10 million Series B in May 2022 led by Peak and Mirana. Despite heavy institutional infrastructure investments that widened pre-tax losses to $10.2 million in 2024, Coinhako reported becoming profitable by mid-2025. In February 2026, SBI Holdings announced plans to acquire a majority stake in the exchange, subject to regulatory approval.

Recent news

In February 2026, Japanese financial conglomerate SBI Holdings announced its intention to acquire a majority stake in Coinhako, aiming to make the exchange a consolidated subsidiary to expand its digital asset footprint across Asia.

Technology

Backend services run on Ruby on Rails 7 and Go, with Sidekiq handling background job processing and Kafka managing event streaming. REST APIs connect frontend applications with trading systems and external integrations. Infrastructure lives on AWS with Docker containerization for deployment consistency. Frontend interfaces use React, Next.js, and TypeScript styled with Tailwind CSS. The payment and wallet systems incorporate strong cryptographic principles and blockchain security measures for digital asset custody and compliance requirements.

Benefits

The office sits in Singapore's CBD with a well-stocked pantry and pet-friendly atmosphere where you might encounter furry colleagues. Employees get generous annual leave beyond national holidays, plus comprehensive medical coverage including GP visits, specialists, and Traditional Chinese Medicine. Self-care benefits come with fitness workshops and mental health webinars. The culture leans toward open communication and work-life balance, with flexible arrangements that let engineers collaborate across product, design, and engineering teams while maintaining the friendly startup vibe.