dv8

Thai listed company DV8 announced plans to establish a digital asset portfolio equivalent to 10,000 bitcoins by 2028, with plans to purchase 1,000 bitcoins this year.The company also acquired Rakkar Digital, a licensed digital asset custody wallet provider by the Thai SEC, becoming the first bitcoin vault company in Southeast Asia to obtain a licensed custody business under the Thai regulatory framework.

ChainCatcher news, Thai listed company DV8 announced the completion of its first round of financing, raising a total of 241 million baht (approximately 7.4 million USD). DV8 aims to become Southeast Asia's first "cryptocurrency treasury company," with a strategic direction referencing MicroStrategy and Japan's Metaplanet, enhancing the per-share value of crypto assets by increasing Bitcoin holdings and creating a native value model for cryptocurrency.Previous report, the owner of Fortune magazine will lead Thai company DV8 into the Bitcoin and DeFi banking business.

ChainCatcher news, according to cryptoslate, Thailand's listed company DV8 Public Company Limited announced the appointment of Chatchaval Jiaravanon, the owner of Fortune magazine and a member of Charoen Pokphand Group, as chairman, officially entering the Bitcoin and DeFi banking business.Jiaravanon previously founded the blockchain company Lightnet, providing low-cost remittance services for Southeast Asian migrants. He will lead DV8 in building a crypto-integrated digital bank, advancing Bitcoin-centric financial practices, and investing in DeFi, digital infrastructure, and corporate governance innovations.This leadership reshuffle comes after DV8 was acquired by a crypto investment consortium, which includes Sora Ventures, UTXO Management, Kliff Capital, among others, with all investors accepting a 12-month lock-up period.