<p>Bitget, a global digital asset exchange, has announced a planned acquisition of GMO-Z.com Cryptonomics (Thailand) Co., Ltd. The Bangkok-based firm operates as a digital asset exchange and brokerage service within Thailand.</p><p>The acquisition is being facilitated through BTGT Management (Thailand) Ltd., an entity in which Bitget maintains an interest. The move is part of the exchange's strategy to broaden its operational reach and service offerings within the Thai market.</p><p>No further financial details or expected completion dates for the acquisition were disclosed in the announcement.</p>
Source: Finextra
Original article: https://www.finextra.com/pressarticle/111365/bitget-to-buy-licensed-exchange-to-expand-in-thailand?utm_medium=rssfinextra&utm_source=finextrafeed
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