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Thai-listed company DV8 has appointed Jason Fang, founding partner of Sora Ventures, as its new CEO to lead a corporate Bitcoin treasury strategy. The move follows a successful capital raise and board restructuring. This positions DV8 as a Bitcoin-centric public company in Southeast Asia.
- DV8 raised THB 241 million ($7.4M) through warrant exercises with 99.9% participation, increasing cash by 38% for Bitcoin treasury activities
- Thailand's regulatory environment has improved with 5-year tax exemption on crypto gains and approval of USDT/USDC for digital asset transactions
- Sora Ventures brings a proven framework for public company Bitcoin strategies, including structured yield products and cross-market listings
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