On October 20, 2026, Bitget, a global digital asset exchange operating as a Universal Exchange, announced a planned acquisition of GMO-Z.com Cryptonomics (Thailand) Co., Ltd., a licensed digital asset exchange and brokerage based in Bangkok. The transaction will be carried out through Bitget's interest in BTGT Management (Thailand) Ltd., with GMO Internet, Inc. and its consolidated subsidiary transferring their entire shareholding. Completion of the sale and purchase agreement is subject to applicable regulatory approval, among other conditions.
Transaction Framework
Under the proposed agreement, GMO Internet, Inc. and GMO-Z.com Holdings (Thailand) Co., Ltd., among others, will transfer their full ownership stake in GMO-Z.com Cryptonomics (Thailand) Co., Ltd. to BTGT Management (Thailand) Ltd. or a designated entity. The acquisition is intended to provide Bitget with a stronger operational presence in Thailand by leveraging the local company's business experience and market knowledge. Closing remains conditional on regulatory approval and other standard requirements.
Strategic Expansion in Southeast Asia
The transaction comes as Bitget continues to assess opportunities across Southeast Asia, where demand for digital financial services is growing alongside evolving regulatory frameworks. The company's approach focuses on establishing local operating capabilities that support long-term market participation and respond to jurisdiction-specific requirements. Thailand is seen as an important part of the region's digital asset landscape.
Leadership Commentary
Gracy Chen, CEO of Bitget, stated that building a market presence requires local expertise, regulatory understanding, and a long-term commitment. She described Thailand as an important part of Southeast Asia's digital asset landscape and said the acquisition provides an opportunity to establish local operations in a thriving country. Chen added that the priority is to develop the right operational foundation while bringing Bitget's global experience and capabilities to the market.
Post-Acquisition Integration
Following completion of the acquisition and receipt of the necessary regulatory approval for the change of control, Bitget intends to introduce its trading platform to Thai users. The company plans to deliver its trading capabilities and experience to the local market while operating in accordance with applicable Thai regulations. This integration is expected to support a locally operated exchange under the Bitget ecosystem.
About Bitget
Bitget describes itself as the world's largest Universal Exchange, serving more than 125 million users across 150 regions worldwide. The platform provides access to over 2 million crypto tokens and more than 500 tokenized stocks, along with ETFs, commodities, foreign exchange, and precious metals such as gold. Its ecosystem includes an AI agent that co-pilots trade execution and supports partnerships such as MotoGP.
Global Engagement and Market Position
Aligned with its global impact strategy, Bitget has partnered with UNICEF to support blockchain education for 1.1 million people by 2027. The company also states that it leads the tokenized traditional finance market, offering low fees and high liquidity across its operating regions. These initiatives reflect Bitget's broader commitment to expanding digital asset adoption and market infrastructure.
The planned acquisition of GMO-Z.com Cryptonomics (Thailand) represents a strategic step in Bitget's Southeast Asian expansion and its effort to establish regulated local operations. By combining local market knowledge with its global trading infrastructure, Bitget aims to serve Thai users in a compliant and sustainable manner. The transaction's completion will depend on regulatory approvals, but the announcement signals a clear long-term commitment to the Thai digital asset market.