As mainstream lenders remain cautious about digital assets, Kasikornbank (KBank) is on a mission to create a digital-asset ecosystem, providing a groundbreaking funding route for companies.
KBank acquired the licenced digital-asset exchange Satang Corp in October. Notably, this acquisition marks a rare instance of an established lender stepping into the crypto trading platform domain. The rebranded Satang Pro platform, now named Orbix, is at the forefront of KBank’s revolutionary approach.
KBank is not merely testing the waters; it is strategically positioning itself in the digital realm. With dedicated divisions focusing on blockchain technology and custodial services for virtual tokens, KBank aims to redefine the financial landscape.
Co-president Pipit Aneaknithi affirmed the bank’s commitment.
“We’re advising some clients to issue tokens…
