According to BlockBeats, Thai-listed company DV8 Public Company Limited is undergoing a transformation into a Bitcoin-focused finance company. The firm has appointed Chatchaval Jiaravanon, a prominent Thai business leader, as its new chairman. Jiaravanon gained international recognition for acquiring Fortune magazine in 2018 and is a member of the influential Charoen Pokphand Group family.
DV8 aims to center its financial practices around Bitcoin treasury management while investing in decentralized finance (DeFi), corporate governance innovation, and next-generation digital infrastructure. The company has also unveiled plans to establish a crypto-integrated digital banking system designed to support long-term financial inclusion and innovation across Southeast Asia. Jiaravanon will lead an 11-member board comprising key figures from traditional finance and the Web3 ecosystem.