Bitget plans to acquire nearly 100% of GMO-Z.com Cryptonomics (Thailand), a licensed digital asset exchange, through its affiliate BTGT Management (Thailand) Ltd. The acquisition follows GMO Internet's decision to exit Thailand's digital asset business after losses in 2024 and 2025. Bitget aims to offer its trading platform to Thai users once the deal closes and regulatory approvals are obtained, highlighting the importance of local expertise and regulatory understanding. The share transfer is expected by October 31, pending regulatory and closing conditions.
Bitget's plan to acquire a Thai crypto exchange offers context for readers interested in digital assets. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 20, 2026 22:03 WIB: out of 50 major cryptocurrencies, 46 rose and 3 fell. Among notable movers, COTI increased by 7.24% to Rp206 with a typical hold time of 121 days and a near-even buy/sell split, while VET rose 6.01% to Rp129 with a longer hold time of 148 days and a stronger buy bias at 76%. AAVE gained 5.93% to Rp2,828,032 with a 100% buy order activity and a typical hold time of 106 days.
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