Thailand's Siam Commercial Bank Acquires Majority Stake in Crypto Exchange Bitkub for $537M - NewsBreak

As mentioned in the announcement, the acquisition has been finalized with assistance from SCBX. The details were confirmed in October 2021 and Bitkub will serve as the "mothership company" so that it can enable the banking institution to become a "regional financial technology conglomerate" by 2025, with investments in key areas...