Bitget announced plans to acquire GMO-Z.com Cryptonomics, a licensed cryptocurrency exchange in Thailand, aiming to establish local operations. This move comes less than a month after Bitget suffered a $388 million security breach. The acquisition, pending regulatory approval, will allow Bitget to introduce its trading platform to Thai users and strengthen its presence in Southeast Asia. GMO-Z.com Cryptonomics has reported operating losses for three consecutive years, and the deal's financial terms remain undisclosed.
Bitget's recent plans for a Thai crypto exchange acquisition provide context for readers following cryptocurrency developments. For readers following cryptocurrency, here is Pluang's market snapshot as of Oct 20, 2026 17:31 WIB: out of 50 major cryptocurrencies, 16 rose and 32 fell today. EOS rose 8.13% to Rp12.649, while ZIL fell 4.41% to Rp38, and COMP gained 3.54% to Rp399.813.
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