According to ChainCatcher and cryptoslate, DV8 Public Company Limited announced the appointment of Chatchaval Jiaravanon, Fortune magazine owner and member of the Charoen Pokphand Group, as chairman, officially entering the Bitcoin and DeFi banking business.
Jiaravanon previously founded the blockchain company Lightnet, providing low-cost remittance services for Southeast Asian migrants. He will lead DV8 to build a crypto-integrated digital bank, advance Bitcoin-centric financial practices, and invest in DeFi, digital infrastructure, and corporate governance innovation.
This leadership restructuring occurred after DV8 was acquired by a crypto investment consortium, including Sora Ventures, UTXO Management, and Kliff Capital, with all investors accepting a 12-month lock-up period.
