- October 25, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
The post Thailand’s Crypto Market Shifts from Retail to Institutional Investment appeared first on Coinpedia Fintech News
Thailand’s crypto market is transitioning from retail to institutional investment, according to Binance Thailand’s CEO, Nirun Fuwattananukul. Recent regulatory moves by the Thai SEC aim to mature the industry, allowing institutional-grade funds to invest in crypto products like U.S.-based spot ETFs. Fuwattananukul views this as crucial for Thailand’s fintech ambitions, fostering a balanced ecosystem for traditional finance and digital assets. Real-world asset tokenization is also gaining traction, projected for exponential growth. Despite the shift, retail interest remains strong, with Bitkub still seeing substantial daily trading volume.
