Thai listed company DV8 plans to rebrand as a Bitcoin financial services company, investing in DeFi and next-generation digital infrastructure

BlockBeats News, July 13th, according to Cryptoslate report, Thai publicly-listed company DV8 Public Company Limited is looking to rebrand itself as a Bitcoin financial company, having appointed Thai business leader Chatchaval Jiaravanon as its new chairman. Jiaravanon is well-known for his 2018 acquisition of Fortune magazine and is a member of Thailand's influential Charoen Pokphand Group family.

DV8 Public Company Limited plans to center its financial practices around a Bitcoin treasury and invest in DeFi, corporate governance innovation, and next-generation digital infrastructure. DV8 has also revealed ambitions to establish a crypto-integrated digital banking system that aims to support long-term financial inclusivity and innovation in Southeast Asia. Jiaravanon will lead an 11-member board of directors comprised of key figures from both traditional finance and the Web3 ecosystem.