On July 13, according to Cryptoslate, DV8 Public Company Limited hopes to reshape itself into a Bitcoin financial company. The company has appointed Thai business leader Chatchaval Jiaravanon as its new chairman. Jiaravanon is known worldwide for acquiring Fortune magazine in 2018 and is a member of the influential Charoen Pokphand Group family in Thailand.
DV8 Public Company Limited plans to conduct financial practices centered on a Bitcoin treasury and invest in DeFi, corporate governance innovation, and next-generation digital infrastructure. DV8 has also revealed its ambition to establish a crypto-integrated digital banking system, which plans to support long-term financial inclusivity and innovation in Southeast Asia. Jiaravanon will lead a board of 11 members, composed of key figures from traditional finance and the Web3 ecosystem.
