2022-08-25
The Block
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Thailand's Siam Commercial Bank abandons its $500M acquisition of Thai crypto exchange Bitkub, announced in 2021, saying Bitkub needs to fix regulatory issues
Kari McMahon / The Block :
2022-02-15
Bloomberg
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Indonesian digital banking startup Akulaku raises $100M from Siam Commercial Bank; sources say it is weighing a US listing via a SPAC at a $2B valuation
Olivia Poh / Bloomberg :
2021-11-03
Bloomberg
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Siam Commercial, Thailand's largest bank in which its king is the largest shareholder, acquires 51% of crypto exchange Bitkub for $535M, at a $1B+ valuation
- Siam Commercial Bank buys majority stake in Bitkub Online — Bitkub coin surges 200% to record $2.85 following Siam deal
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