Kasikornbank, also referred to as K-Bank, on Monday announced its acquisition of a majority stake in the parent firm of local crypto exchange Satang. Following the takeover, Satang will renamed to Orbix Trade Company Limited, the filing showed.
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Thailand’s 4th-largest bank buys $103M stake in crypto exchange
"K-bank ranks as Thailand’s fourth-largest bank in terms of assets, per Nikkei Asia."
