K-Bank acquires major stake in Satang crypto exchange, eyes 20% Thai market share by 2024

Thailand’s financial sector witnessed a pivotal development as Kasikorn Bank, popularly known as K-Bank, announced the acquisition of a staggering 97% share in Satang Corporation, a key player in the country’s crypto exchange market. The deal, worth 3.705 billion Thai baht (approximately $102.8 million), was orchestrated through K-Bank’s new subsidiary, Unita Capital, specifically designed to ... Read more