CGH agrees to buy 25% stake in Cryptomind

CGH agrees to buy 25% stake in Cryptomind
New app to let clients trade digital assets
published :
23 Apr 2021 at 04:00
Country Group Holdings Plc (CGH) has agreed to buy a 25% stake in Cryptomind Group, a digital asset advisory and investment business, to penetrate that market and offer new forms of investment and finance technologies, says Tommy Taechaubol, chief executive of CGH.
CGH expects its customers will be able to trade cryptocurrencies through an application powered by its subsidiary, Country Group Securities (CGS), from the beginning of next year, he said.
CGH is the second securities group after Seamico Securities Plc (Zmico) to enter the digital asset industry. SE Digital, Zmico's subsidiary, obtained approval from the Securities and Exchange Commission (SEC) to fully operate in Thailand as an initial coin offering portal last year.

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