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Bitget acquires GMO-Z.com Cryptonomics in Thailand expansion push

Published Source: CryptoPolitanRead original

Crypto Insight Summary: Bitget, the world’s largest Universal Exchange (UEX), has announced the planned acquisition of GMO-Z.com Cryptonomics (Thailand) Co., Ltd., a Bangkok-based digital asset exchange and brokerage, through its interest in BTGT Management (Thailand) Ltd. Under the proposed transaction, GMO Internet, Inc. and its consolidated subsidiary, GMO-Z.com Holdings (Thailand) Co., Ltd., amongst others, will transfer their entire... Crypto Insight Analysis: Direction: Bullish GT Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Bitget's expansion in Thailand strengthens its market position and may attract more users.

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