Tentt

DV8 to Acquire Rakkar Digital Custodian for up to ฿100M

Announced
Financial ServicesPlatform

Deal Overview

DV8 Public Company Limited has signed a share acquisition agreement to purchase a significant equity stake in Rakkar Digital, a Thailand Securities and Exchange Commission-licensed bitcoin custodian. The transaction includes up to 100 million Thai baht (about $3.1 million) of capital injection to meet regulatory net capital requirements.

Rakkar operates as a joint venture between SCBX (parent of Siam Commercial Bank) and Fireblocks. DV8’s planned bitcoin accumulation targets 10,000 BTC by 2028, starting with 1,000 BTC in 2026. The acquisition requires final approval from Thailand’s SEC under updated shareholder oversight rules.

Key Details

Transaction
DV8 acquires Rakkar Digital
Deal Size
Under $10M
Reported Value
up to 100 million Thai baht (~$3.1 million)

Filed under

Source

Read full article on news.google.com

via GN - signs agreement to acquire · March 26, 2026

Powered by Tentt

Source financial services deals for your firm

Tentt builds and operates managed deal origination services for PE firms, M&A advisors, and commercial lenders. We map the target universe, monitor signals, and execute outreach — white-labelled to your firm.

Book a 30-min intro call

Related Deals

See all Financial Services deals →