“The Thai Banking Giant Kasikornbank Takes a Bold Step with Its Acquisition of the Local Cryptocurrency Exchange, Satang.”

Today, Kasikornbank announced its acquisition of Satang, a digital asset exchange based in Thailand. This strategic move, finalized on October 27, highlights Kasikornbank’s dedication to adapting to the changing landscape of digital finance.

As a part of this strategic shift, Kasikornbank has rebranded Satang to Orbix Trade Co. Ltd., aligning with the bank’s progressive outlook on the cryptocurrency sector.