Bitget agrees to acquire licensed Thai crypto exchange

The exchange will take over GMO Internet Group's licensed Thai unit through BTGT Management, pending regulatory approval Bitget wants a license in Thailand, and it has picked the shortcut: buy a company that already holds one. The exchange announced on October 20, 2026 that it intends to acquire GMO-Z.com Cryptonomics (Thailand) Co., Ltd., a licensed digital asset exchange. Building a regulated operation from scratch takes time. Buying one off the shelf, from an owner ready to leave, takes considerably less. Bitget is not buying the Thai exchange directly.