Tech
Siam Commercial, Thailand's largest bank in which its king is the largest shareholder, acquires 51% of crypto exchange Bitkub for $535M, at a $1B+ valuation (Anuchit Nguyen/Bloomberg)
Anuchit Nguyen / Bloomberg:
Siam Business, Thailand’s largest financial institution through which its king is the most important shareholder, acquires 51% of crypto change Bitkub for $535M, at a $1B+ valuation — – Siam Business Financial institution buys majority stake in Bitkub On-line — Bitkub coin surges 200% to document $2.85 following Siam deal
Source link
