Publicly listed DV8 (SET: DV8) has signed a Share Purchase Agreement to acquire Rakkar Digital, a licensed digital asset custodian in Thailand. 

This move represents DV8’s first direct entry into regulated digital asset operations and marks a strategic pivot toward building infrastructure that institutional investors can rely on across Asia.

Rakkar Digital, with over $700 million in assets under custody, was established as a joint venture between SCBX, the parent company of Siam Commercial Bank, and Fireblocks, a global digital asset infrastructure provider, according to a note shared with Bitcoin Magazine.  

Early backing from SCB 10X helped lay the foundation for its…

Read more on BitcoinMagazine