Thai | Crypto

DV8 has completed its first capital raise since undergoing a strategic shift toward becoming Southeast Asia’s first crypto treasury company, securing approximately THB 241 million (roughly $7.4 million), according to a filing released July 16. The funding round closed with a 99.9% warrant exercise rate, marking a critical vote of confidence from existing shareholders in […] The post DV8 completes first step in Thai crypto treasury pivot with 99.9% warrant execution appeared first on CryptoSlate.

DV8 Public Company Limited, a publicly listed firm in Thailand looking to reinvent itself as a Bitcoin Treasury firm, has appointed Thai business magnate Chatchaval Jiaravanon as its new Chairman, according to a July 11 statement shared with CryptoSlate. Jiaravanon, best known internationally for acquiring Fortune Magazine in 2018, is part of Thailand’s influential Charoen […] The post Fortune Magazine owner to lead Thai firm’s pivot into Bitcoin and DeFi banking appeared first on CryptoSlate.