Thailand based crypto exchange achieves Unicorn status after Banking Giant buys 51% stake

The up and coming, Thailand’s crypto exchange, Bitkub Online Co. has exceeded the $1 billion valuation mark in a short timeframe and has entered the Unicorn race. This became possible after the nation’s banking giant, Siam Commercial Bank Pcl bought majority stakes, amounting to 51 percent, for $535 million, in the company.