Thailand's K-Bank Seals Orbix Deal With $103 Mln Crypto Investment

According to reports, Thailand’s Kasikorn Bank, also referred to as K-Bank, recently announced that it has successfully procured 97% of the shares of Satang Corporation Co. Ltd’s. parent company, a firm offering digital asset exchange services. The aforestated deal has a valuation of a whopping 3.705 billion Thai baht ($102.8 million) and began operations on October 27.