Competition in Thailand’s crypto exchange market is set to intensify as ERX Company Ltd, the first digital token exchange overseen by the Thai Securities and Exchange Commission (SEC), announces its partnership with a new global partner, rebranded as KuCoin Thailand.
The operator will retain the name ERX, having recently received SEC approval to operate under a crypto exchange license. On April 22, KuCoin Thailand will launch a platform offering both digital tokens and cryptocurrency products.
KuCoin, based in Seychelles, ranks among the top five largest crypto exchanges globally.
“With global infrastructure and resources supporting us, we’re enhancing our capacity to deliver localized solutions for the Thai market. KuCoin Thailand embodies our ongoing mission, driven by advanced technology and a broader global vision,” said ERX chief executive Att Tongyai Asavanund.
Henry Chen, board director at ERX, emphasized that the partnership is a significant milestone for KuCoin Thailand.
