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30 September, 2024

Kasikornbank Pioneering Thai Digital Asset Custody with New Licensed Service

30 September, 2024

Kasikornbank (KBank), a leading financial institution in Thailand, has taken a significant step forward in the digital asset landscape by launching the nation’s first licensed digital asset custodian service. This move marks a pivotal moment for KBank, as it further solidifies its position as a trailblazer in the realm of financial innovation and blockchain technology.

The new custody service is set to provide a secure and reliable platform for managing digital assets, offering investors and businesses a greater degree of confidence and peace of mind. This latest development builds upon KBank’s ongoing commitment to exploring and integrating cutting-edge technologies into its offerings, including artificial intelligence (AI) and blockchain solutions.

The launch of this licensed digital asset custodian service underscores KBank’s proactive approach to embracing the evolving financial landscape. By providing a secure and regulated environment for digital assets, KBank is enabling greater accessibility and adoption of these innovative technologies within the Thai market.