{"id":51353,"date":"2026-03-24T11:25:11","date_gmt":"2026-03-24T16:25:11","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=51353"},"modified":"2026-03-24T11:25:16","modified_gmt":"2026-03-24T16:25:16","slug":"dv8-becomes-first-bitcoin-treasury-company","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/news\/dv8-becomes-first-bitcoin-treasury-company","title":{"rendered":"DV8 Becomes First Bitcoin Treasury Company in Southeast Asia with Digital Asset License"},"content":{"rendered":"
<\/div>\n

Publicly listed DV8 (SET: DV8) has signed a Share Purchase Agreement to acquire Rakkar Digital, a licensed digital asset custodian in Thailand. <\/p>\n\n\n\n

This move represents DV8\u2019s first direct entry into regulated digital asset operations and marks a strategic pivot toward building infrastructure that institutional investors can rely on across Asia.<\/p>\n\n\n\n

Rakkar Digital, with over $700 million in assets under custody, was established as a joint venture between SCBX, the parent company of Siam Commercial Bank, and Fireblocks, a global digital asset infrastructure provider, according to a note shared with Bitcoin Magazine. <\/em> <\/p>\n\n\n\n

Early backing from SCB 10X helped lay the foundation for its growth. For DV8, the company\u2019s regulatory standing, operational framework, and trust among institutional clients made it a natural fit.<\/p>\n\n\n\n

Custody lies at the heart of any institutional-grade digital asset strategy. It demands licensing, compliance, security expertise, and constant engagement with regulators. <\/p>\n\n\n\n

By acquiring Rakkar Digital, DV8 said they gained a platform already meeting those standards, giving the company a firm foothold in Asia\u2019s evolving digital asset ecosystem.<\/p>\n\n\n\n

This deal follows DV8\u2019s September 2025 investment<\/a> in Bitplanet, a Korean digital asset treasury platform. <\/p>\n\n\n\n

Taken together, these steps illustrate a consistent approach: backing regulated, resilient businesses that enhance DV8\u2019s ability to operate across borders while meeting institutional expectations.<\/p>\n\n\n\n

DV8 was originally a media company but is now transforming into a builder of regulated digital asset infrastructure, the company said. <\/p>\n\n\n\n

Bitcoin as a reserve asset<\/h2>\n\n\n\n

Over the last five years, Bitcoin has become a more and more popular treasury reserve asset for traditional finance companies.\u00a0<\/p>\n\n\n\n

Strategy (MSTR) has become<\/a> the flagship case study in the evolution of bitcoin treasury strategies in the corporate world.<\/p>\n\n\n\n

Under the leadership of Michael Saylor, Strategy shifted<\/a> from a traditional software business to a firm whose primary reserve asset is Bitcoin, pioneering a model where BTC sits at the heart of corporate balance sheet strategy.<\/p>\n\n\n\n

Strategy uses capital markets to finance its BTC accumulation. Instead of hoarding cash or traditional securities, Strategy has consistently issued equity and convertible debt to fund Bitcoin purchases<\/a>, aiming to maximize its \u201cBTC per share\u201d metric and align shareholder value with long\u2011term BTC appreciation.<\/p>\n\n\n\n

This model has inspired other corporations like DV8 to consider adding bitcoin to their treasuries. At the time of writing, Bitcoin is trading slightly below $70,000 after flirting with $71,000 earlier this morning. <\/p>\n","protected":false},"excerpt":{"rendered":"

Thailand’s DV8 has signed a Share Purchase Agreement to acquire Rakkar Digital, a licensed digital asset custodian in Thailand.\u00a0<\/p>\n","protected":false},"author":3817,"featured_media":51354,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4378],"tags":[636,5437,4284,5440,339],"class_list":["post-51353","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-bitcoin-treasuries","tag-bitcoin-treasury","tag-mstr","tag-strategy","tag-thailand"],"author_data":{"id":3817,"name":"Micah Zimmerman","nicename":"micahzimmerman","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/11\/Micah_Zimmerman_Author_Image.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/03\/DV8-Becomes-First-Bitcoin-Treasury-Company-in-Southeast-Asia-with-Digital-Asset-License.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/51353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3817"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=51353"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/51353\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/51354"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=51353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=51353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=51353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}