CoinVoice recently learned that, according to a report by cryptoslate, the Thai listed company DV8 Public Company Limited announced the appointment of Chatchaval Jiaravanon, the owner of Fortune magazine and a member of Charoen Pokphand Group, as chairman, formally entering the Bitcoin and DeFi banking business.
Jiaravanon founded the blockchain company Lightnet to provide low-cost remittance services for Southeast Asian immigrants. He will lead DV8 in building a crypto-integrated digital bank, promoting Bitcoin-centric financial practices, and investing in DeFi, digital infrastructure, and corporate governance innovations.
This leadership restructuring occurred after DV8 was acquired by a cryptocurrency investment consortium, which includes Sora Ventures, UTXO Management, Kliff Capital, among others. All investors accepted a 12-month lock-up period. [Original link]
