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Bitget agrees to acquire licensed Thai crypto exchange

Bitget agrees to acquire licensed Thai crypto exchange

Photo: Crypto Briefing

The exchange will take over GMO Internet Group's licensed Thai unit through BTGT Management, pending regulatory approval Bitget wants a license in Thailand, and it has picked the shortcut: buy a company that already holds one. The exchange announced on October 20, 2026 that it intends to acquire GMO-Z.com Cryptonomics (Thailand) Co., Ltd., a licensed digital asset exchange. Building a regulated operation from scratch takes time. Buying one off the shelf, from an owner ready to leave, takes considerably less. Bitget is not buying the Thai exchange directly.

Also reported by TheCoinrise.

Source: Crypto Briefing

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