Coinhako

Coinhako: A Strategic Pillar in Asia’s Crypto Infrastructure

Founded in 2014 by Yusho Liu and Gerry Eng, Coinhako has emerged as a pivotal digital asset platform in Southeast Asia, particularly in Singapore. Its decade-long presence in the crypto ecosystem reflects a unique blend of regulatory foresight, product expansion, and institutional integration—elements that are often elusive for regional exchanges.

Coinhako is fully licensed by the Monetary Authority of Singapore (MAS), affirming its regulatory credibility in one of the most tightly governed crypto markets in the world. Beyond Singapore, it also holds registration with the Financial Services Commission of the British Virgin Islands, which underpins its international servicing capacity. Its platform currently supports over 100 cryptocurrencies, offering SGD and USD trading pairs along with OTC services, structured products, and crypto options, thus serving a spectrum of retail, high-net-worth, and institutional clients.

What sets Coinhako apart is not only its product diversity but also its strategic alignment with global institutions. In February 2025, Coinhako joined Fusion Digital Assets, TP ICAP’s FCA-registered UK-based wholesale cryptoasset exchange. This move positioned Coinhako as a liquidity provider and consumer on an institutional-grade platform—offering seamless execution for large-volume trades and bridging Asian liquidity to the global wholesale market. This partnership signals Coinhako’s shift from being a regional retail-first exchange to a robust institutional player, capable of supporting high-throughput demand with minimized slippage and deep liquidity reserves.

From a business development perspective, Coinhako’s growth has been powered by support from notable venture investors such as Tim Draper, Boost VC, Jump Capital, SBI Holdings, Vina Capital, Sygnum Bank, and Azimut Investment Management. This backing has allowed it to innovate continuously and solidify its position in the face of both regulatory tightening and increased competition from global giants.

In 2024 and 2025, Coinhako made significant strides in expanding token listings, offering access to trending assets like AEVO, GMX, MAGIC, and ZRO. It also partnered with CoinDesk Indices to distribute the CoinDesk 20 Tracker, adding an institutional-grade index product to its offering suite. These developments indicate a forward-looking approach that not only caters to crypto-native users but also entices traditional investors entering the digital asset class.

Coinhako’s strategy reflects a nuanced understanding of the Asian crypto market: it leverages Singapore’s regulatory clarity, maintains a localized approach for regional users, and forms international partnerships to participate in the evolving global financial architecture. As the institutional adoption curve steepens, Coinhako is increasingly well-positioned to facilitate large-scale crypto participation in Asia.