DV8 General Limited, a company publicly listed in Thailand looking to re -invent itself as Bitcoin The Treasury Company, the Thai Business Pole appointed Chatulav Giaravanon as its new president, according to the July 11 statement Cryptoslate.
Jiaravanon, internationally known to gain Fortune magazine in 2018, is part of the influencing Charoen Pokphand family in Thailand.
Change DV8 driving
His appointment comes amid a broader leadership renewal in DV8 to align the company with emerging financial models.
Under his supervision, the company plans to adopt the treasury practices that focus on bitcoin and invest in Defi, create corporate governance, and digital infrastructure from the next generation.
DV8 also revealed ambitions to build an encrypted digital banking system that supports long -term financial inclusion and innovation throughout Southeast Asia.
Meanwhile, Jiaravanon will lead a plate of 11 members with main numbers of traditional financing and the web3 ecosystem.
Among the new members of the Board of Directors are Vishit Tantiaanic, Natafoda Bongsharunbong, John Regzins, Samuel Queen Matti, Henry Ellir, and Jason Fang. The group combines deep local commercial knowledge and international experience in managing encryption assets and Blockchain development.
This driving is to repair the DV8 to become a major player in the digital asset strategy and the encrypted financial infrastructure.
It is worth noting that Jiaravanon brings relevant experience by starting Lightnet, which was launched in 2020 to use the professor’s book technology distributed to provide low -cost transfer services to well -known migrant communities in Southeast Asia.
At the same time, the driving changes follow The acquisition of the last DV8 by a strategic consortium This includes many prominent investment groups in encryption. Among the investors are UTXO management, Sora VenturesKlif Capital, Moon Inc. , Asiastrategy, and Mythos Group.
It is worth noting that all investors participating in the deal agreed to a 12 -month imprisonment period. Market monitors described the move as a strong vote on confidence in the new direction of DV8 and the wider Thai encryption market.
Fang, the founder of the Surra Ventures, expressed an excitement about the capabilities of Thailand in the encryption and demia, male:
“At one time, Thailand had the fourth largest Defi user in the world. It is a hidden jewel, and now we will open it together.”
