Skip to main content
727 Finance
English

Bitget plans to acquire Thai licensed crypto exchange GMO-Z.com Cryptonomics (Thailand)

PANews October 20 news: Bitget plans to acquire the Bangkok-based digital asset exchange and broker GMO-Z.com Cryptonomics (Thailand) Co., Ltd. through its affiliated entity BTGT Management (Thailand) Ltd. Under the proposed transaction, GMO Internet, Inc. and its consolidated subsidiary GMO-Z.com Holdings (Thailand) Co., Ltd. and other relevant parties will, upon completion of the transaction, transfer all shares they hold in GMO-Z.com Cryptonomics (Thailand) to BTGT Management (Thailand) Ltd. and/or its designated entities. The final closing of the sale and purchase agreement remains subject to approval by the relevant regulatory authorities and the satisfaction of other established conditions. GMO-Z.com Cryptonomics (Thailand) operates a licensed digital asset exchange and broker in Thailand.

Related news

  1. Financing Weekly | Kalshi completes $1 billion Series G funding, led by Sequoia Capital and Wellington Management.

    Kalshi completed a $1 billion Series G funding round, reaching a post-money valuation of $40 billion, nearly double its $22 billion valuation in May this year;...

  2. On-chain stock trading platform StableStock completed a new strategic funding round at a $75 million valuation, with participation from Amber and others.

  3. RoboScience Machine Science completes hundreds of millions of yuan in Series A2 financing.

  4. OpenAI's fundraising target cut by $10 billion: Is the AI "cash-burning narrative" losing steam?

  5. Rates Exchange, an on-chain interest rate trading and hedging exchange, has received investment from Coinbase Ventures.