Bitkub Exchange, Thailand’s largest digital asset exchange, has named Singapore-based Rakkar Digital as its official digital asset custodian.

This partnership aims to improve security and operations, reinforcing Bitkub’s reliability for its users.

Bitkub, which reportedly processes around US$41.5 million in daily trading volumes, aims to offer improved security and reliability while meeting compliance requirements set by Thailand’s Securities and Exchange Commission (SEC) with this partnership.

Rakkar Digital offers 24/7 support and a cold wallet processing time of approximately two hours.

This collaboration is expected to enhance Bitkub’s operational agility and security, benefiting its institutional clients and the broader digital asset community.

Atthakrit Chimplapibul, Co-Founder and CEO of Bitkub said,

“As we witness unprecedented growth in the digital assets industry, our alliance with Rakkar Digital, will significantly contribute to our vision of providing a seamless and secure trading experience.”

Arthit Sriumporn, Founder & CEO, at Rakkar Digital, added,

“As the leading qualified custodian in Asia for Bitkub, we are setting new standard for digital asset custody not just for the region, but for the industry worldwide.

 

With an unwavering commitment to security and compliance, Rakkar Digital remains steadfast in providing best-in-class digital asset solutions to unlock institutional growth.”

Featured image credit: Edited from Freepik