Monday, October 30, 2023

Filing: Thailand's Kasikorn Bank buys 97% of the Satang crypto exchange, operating in Thailand since 2017, for ~$102.8M and plans to rebrand Satang to Orbix (Sam Reynolds/CoinDesk)

Sam Reynolds / CoinDesk:
Filing: Thailand's Kasikorn Bank buys 97% of the Satang crypto exchange, operating in Thailand since 2017, for ~$102.8M and plans to rebrand Satang to Orbix  —  The move continues a trend of Thailand's major traditional financial institutions moving into crypto.  —  Register Now



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The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...