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Friday, May 10, 2024

Leading the digital assets revolution

From left, Mr Heng, Mr Kavin, Mr Chatchaval and Tridbodi Arunanondchai during Bitazza’s Lightnet Velo share acquisition announcement.

As the price of bitcoin skyrocketed this year, new and experienced investors flocked to exchanges to cash in on the latest market upswing.

In Thailand, cryptocurrency trading platforms had a rocky start, with some collapsing unexpectedly while others drew the ire of regulators.

Yet the massive influx of new traders has been a boon for budding local trading platforms trying to become the market leader in Thailand.

Bitazza, a local digital asset broker, just surpassed 100,000 customers in April, a milestone in the company’s goal of becoming Southeast Asia’s premier digital asset trading platform.

The number of trading accounts on Bitazza’s platform rose by 25% from 80,000 in…

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