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October 30, 2023
Kasikornbank, Thailand's second-largest bank, has acquired 97% of the shares of Satang Corporation Co. Ltd, a crypto exchange based in Thailand.
October 30, 2023
In the latest move to ramp up its crypto business, Thailand’s second-largest lender Kasikornbank (KBank) has purchased a 97% stake in Satang Corporation.
October 30, 2023
The lender, known as K-bank, said it will also open three additional crypto subsidiaries.
October 30, 2023
Kasikorn Bank's acquisition of a majority stake in Satang Corporation solidifies its presence in the cryptocurrency sector and demonstrates its commitment to capturing a significant share of the market in Thailand.