Bitget Agrees to Buy Licensed Thai Exchange Weeks After $388M Hack
Bitget plans to acquire a licensed Thai crypto exchange, creating a potential route to locally operated trading services. The proposed transaction would support its Southeast Asian expansion, subject to regulatory approval and other closing conditions. Planned Acquisition Targets Licensed Thai Operations Thai users could gain access to a locally operated Bitget trading platform under an […]
Bitget plans to acquire a licensed Thai crypto exchange to establish locally operated trading services in Southeast Asia, subject to regulatory approval and closing conditions. The deal comes weeks after a $388M hack at Bitget, which raises questions about the exchange's security posture and capital allocation. Traders would watch whether the acquisition signals recovery and expansion capacity after the breach, or whether regulatory scrutiny and integration risk weigh on confidence.
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2H AGOYou’re reading thisBitget Agrees to Buy Licensed Thai Exchange Weeks After $388M HackBitcoin.com News · Score 45
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4H AGOThe Defiant · Score 45 · via Licensed Thai, Buy Licensed
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