Bitget Plans to Acquire Thailand-Licensed Exchange to Accelerate Localization in Southeast Asia

On October 20 that Bitget officially announced the acquisition of GMO-Z.com Cryptonomics (Thailand) Co., Ltd., a digital asset exchange and broker headquartered in Bangkok. The deal involves all shares of the target company held by shareholders including GMO Internet and its related subsidiaries.

GMO-Z.com Cryptonomics (Thailand) holds a license for digital asset exchange and brokerage operations in Thailand. This acquisition will leverage its existing compliance foundation and local market experience to strengthen Bitget’s localized operational capabilities in Thailand and further optimize its strategic layout in Southeast Asia.

Gracy Chen, CEO of Bitget, stated that Thailand is a key digital asset market in Southeast Asia. The acquisition will help Bitget establish a localized operational framework and gradually expand the application of its global trading services in the Thai market, in full compliance with local regulatory requirements.