
Bitget to acquire Thai-licensed exchange Z.com EX operator
- —Buyer is BTGT Management (Thailand), partly owned by Bitget
- —Z.com EX has operated under a Thai SEC license since February 2021
- —Closing targeted for Oct. 31 pending regulatory approval
- —Thailand remains on Bitget's restricted-markets list until the deal closes
Why it matters: The deal gives Bitget a licensed foothold in Southeast Asia without building from scratch, though serving Thai users still hinges on regulatory approval.
Source: Coin68