Siam Commercial Bank Pcl

Siam Commercial Bank buys 51% stake in digital asset exchange Bitkub for $540M

Under the deal, SCB’s affiliate SCB Securities Co., Ltd. (SCBS) will become Bitkub’s major shareholder and will be responsible for driving and engaging closely with the company as a business partner in building a business and digital asset ecosystem whereby digital asset exchange will become one of the nation’s key infrastructure segments to achieve further…