DV8 secures THB 241 million, marking a significant step in its transition to Southeast Asia's first crypto treasury company with a strong shareholder backing.
On July 16, DV8 Public Company Limited completed a capital raise of approximately THB 241 million (around $7.4 million) with a 99.9% warrant exercise rate, reflecting strong support from shareholders. The funding will aid DV8 in its strategic shift to become Southeast Asia's first crypto treasury company, enhancing its Bitcoin holdings and overall asset value. The raise resulted in the issuance of over 301 million new shares and follows a broader trend of institutional crypto treasury adoption in the region.