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Edited bitckin Parikshit Mishra. PARAGRAPHAccording to a filing, the deal has a valuation of.

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Kasikornbank, Thailand's second-largest bank by assets, today announced the acquisition of a local crypto exchange through a subsidiary. Kasikornbank acquired 97% of the shares in Satang for $M with the other 3% of shares still held by Binance. Satang will be rebranded as. We help our clients to increase their access to capital market, customize blockchain for specific use cases, develop space technology and provide satellite.

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calendar_month 24.04.2021

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Follow thesamreynolds on Twitter. Satang holds a Thailand Digital Asset Business License and according to the trading volume is one of the four largest crypto exchanges in Thailand. Thailand has specific regulations around cryptocurrency. DR Domain Rating metric is a sign of the project's website reputability that is ranked from 0 to the higher the rank, the better reputability.