From TokenPost · · 40s
Bitget Acquires Thai Exchange
Bitget to buy licensed Thai crypto exchange through BTGT investment.
In brief
Bitget to buy licensed Thai crypto exchange through BTGT investment. Bitget agreed to acquire GMO-Z.com Cryptonomics, a licensed Thai digital asset exchange, through BTGT Management investment, pending Thai regulatory approval. Originally reported by TokenPost.
Bitget Acquires Thai Exchange
Bitget has agreed to acquire GMO-Z.com Cryptonomics, a licensed digital asset exchange operator in Thailand, through an investment in BTGT Management.
Regulatory Approval Pending
The acquisition depends on approval in Thailand before Bitget can take over the exchange operator.
Regulated Presence Expansion
The deal would expand Bitget's regulated presence in Southeast Asia through a licensed Thai exchange business.
The essence
Bitget agreed to acquire GMO-Z.com Cryptonomics, a licensed Thai digital asset exchange, through BTGT Management investment, pending Thai regulatory approval.
