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SCBX buys 51% stake in Bitkub Online for $530M

SCBX Plc, the “Mothership” company of Thailand’s SCB Group, is set to take over 51 per cent of ordinary shares of Bitkub Online Ltd, a leader in digital asset exchange, from Bitkub’s parent company Bitkub Capital Group Holdings Ltd. The value of shares to be obtained by SCBX is estimated at 17.85 billion baht ($530 million).

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