Thailand’s Kasikorn Bank, K-Bank, has acquired 97% of Satang crypto exchange’s parent company for 3.705 billion Thai baht ($102.8 million). The acquisition was executed through a subsidiary, Unita Capital, specializing in digital asset investments. Satang will rebrand as “Orbix” and join a larger entity with three subsidiaries: Orbix Custodian, Orbix Invest, and Orbix Technology.
Kasikorn Bank Acquires Satang Crypto Exchange for $103M, Marks Major Leap into Thailand’s Crypto Market
