The move continues a trend of Thailand's major traditional financial institutions moving into crypto.
Thailand’s Kasikorn Bank, also known as K-Bank, said it has acquired 97% shares in the parent company of Satang crypto exchange, which has operated in the country since 2017.
Once the deal closes, Satang will be re-branded to Orbix. The new company will also have three additional subsidiaries: Orbix Custodian, Orbix Invest , and Orbix Technology, a blockchain technology developer.“K-Bank is intensifying its efforts in the cryptocurrency sector, positioning itself alongside SCB.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Shein Buys Online Fashion Brand Missguided From Frasers GroupAs part of the deal, Shein will license Missguided’s intellectual property to Sumwon Studios, a joint venture between Shein and Missguided’s founder, Nitin Passi.
Weiterlesen »
A movie-loving Utah couple buys a theater, to fight streaming with nostalgiaA movie-loving couple has bought the old theater on American Fork's Main Street, and opened it as the Maven Cinemas — Utah's only repertory movie house, playing all classic movies.
Weiterlesen »