PTG Energy Public Company Limited or PTG Joint Venture Unit Company Limited invests 300 million baht to establish Max Bit Digital Asset Company Limited (MAXBIT) to start the crypto brokerage business.
Mr. Pakhetorn Ratchakitprakarn, Managing Director of Maxbit Digital Asset Co., Ltd., arising from the cooperation between PTG Energy Public Company Limited or PTG and Unit Company Limited, revealed that from the trend of digital asset platform That has been growing continuously over the past 10 years, especially digital assets that are Bitcoin. PTG Group has also studied the digital asset market for more than 3 years with a focus on blockchain technology. quite a lot of chain
Coupled with the clearer and more favorable laws and regulations in Thailand, the growth of digital assets has increased. Therefore, the company has an idea to seriously compete in the market. Which will use a database from Max Card (Max Card) with more than 17 million members, of which 7.29 million are aged between 18-40 years old, which is close to the age group that likes to invest in digital assets such as Cryptocurrency (cryptocurrency)
For the form of making digital assets of the company will focus on simple, convenient and fast trading functions It is a platform developed to make investment accessible to everyone. It is similar to Coinbase, a US-based cryptocurrency trading platform provider. The platform that the company has developed is called “MAXBIT”, formed from the cooperation of PTG and Unit Company Limited, a technology consulting and venture capital firm. with expertise in financial technology like digital assets and the development of blockchain systems Ready to establish a new company under the name Maxbit Digital Asset Company Limited, especially in the part of applying for a license to operate a digital asset brokerage (Digital Asset Broker) in Thailand with the Office of the Securities and Exchange Commission or the SEC is currently in the process of consulting and preparing documents to apply for a license with the SEC.
In this joint investment, there are 4 parts, all of them are Thai people, with PTG Energy Public Company Limited (PTG) having an investment stake of 35%, Unit Company Limited investing 35%, the rest. Another 30% will be 2 minor shareholders, with the initial investment of 300 million baht to apply for a license to operate as a digital asset trading agent in Thailand. and to develop new system and application platforms To allow users to trade digital assets for all target customers.
At present, the company has received a total of 4 licenses from the Bank of Thailand. All will be under Max Solution Service Company or Max Card which will be related to E-Money and E-Wallet.
while the application platform that users will use to trade For the company’s products, the development has been completed. If obtaining a license from the SEC Only then will be able to carry out digital asset trading activities. While the company’s products are different from the exchange of digital assets. For being a digital asset brokerage This will allow the company to purchase and procure digital assets that customers want from anywhere to offer customers a price. The price of digital assets will be compared to customers through the MAXBIT application, while offering the best price to the customer at the time of purchase with the company’s platform.
“In investing in the digital asset business this time, PTG Group sees growth in the market no less than No. 2 for sure and will eventually rise to No. 1 in the future. which must continue to be watched In the end, if we succeed what we have developed Believe that it can really change the digital asset industry in Thailand It will also be another business in which PTG Group will be able to generate additional income from sustainable non-oil business.” Mr. Pakhetakorn said
