Bitkub Exchange, Thailand’s Largest Digital Asset Exchangehas appointed Singapore-based Rakkar Digital as its official digital asset custodian.
The partnership aims to improve security and operations, and strengthen Bitkub’s credibility with its users.
BitkubThe company, which claims a daily trading volume of approximately US$41.5 million, aims to use this partnership to improve security and reliability while meeting compliance requirements set by the Securities and Exchange Commission of Thailand (SEC).
Rakkar Digital offers 24/7 support and a cold wallet processing time of around 2 hours.
The collaboration is expected to enhance Bitkub’s operational agility and security, benefiting institutional investors and the digital asset community at large.
Attakrit Chinprapibul, co-founder and CEO of Bitkub, said:
“As the digital asset industry experiences unprecedented growth, our partnership with Rakkar Digital will greatly contribute to our vision of providing a seamless and secure trading experience.”
Arthit Suriumpong, founder and CEO of Rakkar Digital, added:
“As the leading certified custodian for Bitkub in Asia, we are setting a new standard for digital asset custody not only in the region but for the industry around the world.
With an unwavering commitment to security and compliance, Rakkar Digital is committed to delivering best-in-class digital asset solutions that drive growth for institutional investors.”
Featured Image Credit: Free Pick