Bitget plans to acquire Thai licensed crypto exchange GMO-Z.com Cryptonomics (Thailand)

PANews October 20 news: Bitget plans to acquire the Bangkok-based digital asset exchange and broker GMO-Z.com Cryptonomics (Thailand) Co., Ltd. through its affiliated entity BTGT Management (Thailand) Ltd. Under the proposed transaction, GMO Internet, Inc. and its consolidated subsidiary GMO-Z.com Holdings (Thailand) Co., Ltd. and other relevant parties will, upon completion of the transaction, transfer all shares they hold in GMO-Z.com Cryptonomics (Thailand) to BTGT Management (Thailand) Ltd. and/or its designated entities. The final closing of the sale and purchase agreement remains subject to approval by the relevant regulatory authorities and the satisfaction of other established conditions. GMO-Z.com Cryptonomics (Thailand) operates a licensed digital asset exchange and broker in Thailand.