DV8 Becomes First Bitcoin Treasury Company in Southeast Asia with Digital Asset License

Publicly listed DV8 (SET: DV8) is establishing itself as Southeast Asia's first Bitcoin treasury company by signing an agreement to acquire Rakkar Digital, a licensed digital asset custodian in Thailand. This acquisition marks DV8's direct entry into regulated digital asset operations, aiming to build reliable infrastructure for institutional investors across Asia. Rakkar Digital currently holds over $700 million in assets under custody and was a joint venture between SCBX (Siam Commercial Bank's parent) and Fireblocks. This strategic move follows DV8's earlier investment in Korean digital asset treasury platform Bitplanet, signaling a consistent strategy to back regulated businesses that support its transformation from a media company into a builder of regulated digital asset infrastructure. The article also notes that Bitcoin is increasingly adopted as a treasury reserve asset by traditional finance companies, citing MicroStrategy (MSTR) as the flagship case study for this corporate strategy.

(Source：Bitcoin Magazine)