DV8 becomes Southeast Asia’s first Bitcoin treasury company with digital asset license
Listed DV8 (SET: DV8) has signed a share purchase agreement to acquire Rakkar Digital, a licensed digital asset management company in Thailand.
The move marks DV8’s first direct entry into regulated digital asset management and marks a strategic shift towards building a trusted infrastructure for institutional investors across Asia.
Rakkar Digital has over $700 million in assets under custody and was founded as a joint venture between SCBX, the parent company of Siam Commercial Bank, and Fireblocks, a global digital asset infrastructure provider, according to a note shared with . Bitcoin Magazine.
Early support from SCB 10X helped lay the foundation for growth. The company’s regulatory position, operating framework and trust among institutional investors made it a natural fit for DV8.
Custody is at the heart of any institutional-level digital asset strategy. It requires licensing, compliance, security expertise, and ongoing engagement with regulators.
DV8 says that by acquiring Rakkar Digital, it has acquired a platform that already meets these criteria, allowing it to gain a firm foothold in Asia’s evolving digital asset ecosystem.
The transaction follows DV8’s investment in BitPlanet, a South Korean digital asset treasury platform, in September 2025.
Taken together, these steps demonstrate a consistent approach to supporting regulated and resilient businesses that strengthens DV8’s ability to operate across borders while meeting organizational expectations.
DV8 was originally a media company, but is now transforming into a builder of regulated digital asset infrastructure, the company said.
Bitcoin as a reserve asset
Over the past five years, Bitcoin has become increasingly popular as a treasury reserve asset for traditional financial companies.
Strategy (MSTR) has become a major case study in the evolution of Bitcoin financial strategy in the corporate world.
Under the leadership of Michael Saylor, Strategy has transitioned from a traditional software business to a company whose primary reserve asset is Bitcoin. $BTC is at the heart of a company’s balance sheet strategy.
The strategy uses capital markets to raise funds $BTC Accumulation. Instead of hoarding cash or traditional securities, the strategy has sought to “maximize returns” by continually issuing stock and convertible bonds to fund Bitcoin purchases.$BTC Evaluate per share metrics and align shareholder value with long-term value $BTC Thank you.
This model has inspired other companies such as DV8 to consider adding Bitcoin to their treasury. At the time of writing, Bitcoin is trading just below $70,000 after hitting $71,000 early this morning.
The post DV8 becomes Southeast Asia’s first Bitcoin treasury company with digital asset license first appeared in Bitcoin Magazine and was written by Micah Zimmerman.
