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Kasikornbank takes over a regional crypto exchange - Vimarsana News

Kasikornbank takes over a regional crypto exchange

Kasikornbank, the second-largest bank in Thailand in terms of assets, has acquired a regional crypto exchange to expand its crypto business.

Thailand's KBank buys local crypto exchange Satang in $103m deal - Vimarsana News

Thailand's KBank buys local crypto exchange Satang in $103m deal

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.

Thailand's Kasikorn Bank buys majority stake in Satang crypto exchange - Vimarsana News

Thailand's Kasikorn Bank buys majority stake in Satang crypto exchange

The lender, known as K-bank, said it will also open three additional crypto subsidiaries.

Source: yahoo.com
K-Bank Acquires Majority Stake in Satang Crypto Exchange - Vimarsana News

K-Bank Acquires Majority Stake in Satang Crypto Exchange

K-Bank acquires 97% stake in Thailand's Satang crypto exchange for $102.8M, aims for 20% market share by 2024, and rebrands as Orbix with new branches.

Thailand KBank Acquires Satang Cryptocurrency Exchange - Vimarsana News

Thailand KBank Acquires Satang Cryptocurrency Exchange

Discover how Thailand's KBank secured Satang, a cryptocurrency exchange, in a strategic move. Get insights on the acquisition process and its implications.