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Thailand's Second-Largest Bank, Kasikornbank, Acquires Local Crypto Exchange - Vimarsana News

Thailand's Second-Largest Bank, Kasikornbank, Acquires Local Crypto Exchange

Kasikornbank, Thailand's second-largest bank, has acquired 97% of the shares of Satang Corporation Co. Ltd, a crypto exchange based in Thailand.

Source: yahoo.com
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
Kasikorn Bank Buys Majority Stake in Satang Crypto Exchange - Vimarsana News

Kasikorn Bank Buys Majority Stake in Satang Crypto Exchange

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.