The exchange will take over GMO Internet Group's licensed Thai unit through BTGT Management, pending regulatory approval.
Bitget has struck a deal to acquire GMO-Z.com Cryptonomics, a licensed Bangkok-based digital asset exchange and brokerage, in a move that would give the company a regulated entry point into Thailand, the company said Tuesday.
In a statement, Bitget CEO Gracy Chen called the acquisition an important step in the company’s regulatory progress across Southeast Asia. She said Thailand offers a dynamic market and that the deal gives Bitget a licensed local foundation to build its presence.
Bitget has acquired a Bangkok-based licensed digital asset exchange and brokerage — a real milestone on our regulatory path in Southeast Asia.
Thailand is one of the region’s most dynamic markets, and this gives us a licensed local foundation to build operations the… https://t.co/vWXkFo2Do3 pic.twitter.com/4766XG6YPO
— Gracy Chen @Bitget (@GracyBitget) October 20, 2026
Under the proposed transaction, Japan’s GMO Internet, GMO-Z.com Holdings and other shareholders will sell their entire holdings in the business to BTGT Management, an entity in which Bitget holds an interest.
No financial details were disclosed. The acquisition requires regulatory approval, including clearance for the change of control. Bitget plans to introduce its trading platform to Thai users through a locally operated exchange after the transaction is completed and the necessary approvals are obtained.
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Thailand requires digital asset exchanges to be licensed by the Securities and Exchange Commission and last year moved to restrict access to several foreign platforms operating without licenses.
Bitget is also evaluating further expansion opportunities across Southeast Asia, according to information reviewed by Investing.com.
This article has been updated to include an official announcement from Bitget, as well as a statement from Gracy Chen, CEO of Bitget.