Crypto boom helped SG's Coinhako post over 10x revenue growth in 2021

Crypto boom helped SG's Coinhako post over 10x revenue growth in 2021

Photo: Coinhako website

Singapore-based cryptocurrency exchange Coinhako’s revenue surged over ten times last year as it rode a marketwide boom, show its recent regulatory filings.

Founded in 2014, Coinhako is one of the oldest crypto platforms in the Asia Pacific. Users can buy or sell cryptocurrencies such as Bitcoin and Ethereum on its platform via bank transfers and card payments. It also offers a wallet for the storage and trading of a variety of cryptocurrencies.

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