Bitget Plans to Acquire a Licensed Trading Platform in Thailand to Accelerate Localization Strategy in Southeast Asia

BlockBeats news, October 20 - According to official news from Bitget, the platform announced the acquisition of Bangkok-based digital asset exchange and broker GMO-Z.com Cryptonomics (Thailand) Co., Ltd. The acquisition involves all shares of the target company held by shareholders including GMO Internet and its related subsidiaries.

GMO-Z.com Cryptonomics (Thailand) holds a Thai digital asset exchange and brokerage license. This acquisition will leverage its existing compliance foundation and local market experience to strengthen Bitget's localized operational capabilities in Thailand and further improve its strategic layout in the Southeast Asian market.

Bitget CEO Gracy Chen stated that Thailand is an important digital asset market in Southeast Asia, and this acquisition will help Bitget establish a localized operating system, gradually expanding the application of its global trading service capabilities in the Thai market under the premise of complying with local regulatory requirements.