K-Bank Buys Majority Stake in Thai Crypto Exchange Satang for $103M

“K-Bank is intensifying its efforts in the cryptocurrency sector, positioning itself alongside SCB. They are keen on offering a full spectrum of crypto services permitted in Thailand,” Udomsak Rakwongwan, a professor at Kasetsart University and the co-founder of FWX.finance, which K-Bank invested in, told CoinDesk.