Bitget agrees to buy GMO's Thai crypto exchange unit
Bitget intends to acquire Cryptonomics (Thailand), a Thai-licensed crypto platform run by Japan's GMO. The deal would give Bitget a regulated presence in Thailand as it expands across Southeast Asia.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
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What happened
Crypto exchange Bitget plans to purchase the Thai crypto exchange operated by GMO, a Japanese company. The target is Cryptonomics (Thailand), which runs a licensed digital asset exchange and brokerage in Thailand. The move is part of Bitget's expansion in Southeast Asia.
Why it matters
The acquisition would give Bitget a licensed foothold in Thailand. It also advances Bitget's broader push into the Southeast Asian market.
Coverage
- Bitget acquires Cryptonomics from GMO to expand into Thailand (fxnewsgroup.com)
- Bitget to buy GMO’s Thai crypto exchange in Southeast Asia push (Investing.com)
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