BANGKOK — Thailand’s largest digital asset exchange, Bitkub, announced on Tuesday a partnership with Bangkok-listed game publisher Asphere in an effort to reverse the local industry’s fortunes after last year’s “crypto winter.”
Asphere, the publisher of hit games, including Ragnarok Online, bought a 9.22% stake in Bitkub Online exchange from Bitkub Capital Group for 600 million baht ($17.5 million). Bitkub hopes to combine its blockchain infrastructure with Asphere’s content offerings and user base of 180 million people across six Southeast Asian countries.