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To expand its market, Thai cryptocurrency Bitkub is focusing on gaming

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    Bitkub Capital Group CEO Topp Jirayut Srupsrisopa, right, announces a partnership with Asphere Chairman Pramoth Sudjitporn, center, in July. (Photo by Francesca Regalado)

    | Thailand

    BANGKOK -- Thailand's largest digital asset exchange, Bitkub, announced on Tuesday a partnership with Bangkok-listed game publisher Asphere in an effort to reverse the local industry's fortunes after last year's "crypto winter."

    Asphere, the publisher of hit games, including Ragnarok Online, bought a 9.22% stake in Bitkub Online exchange from Bitkub Capital Group for 600 million baht ($17.5 million). Bitkub hopes to combine its blockchain infrastructure with Asphere's content offerings and user base of 180 million people across six Southeast Asian countries.


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