Crypto exchange Bitget announced plans to acquire Bangkok-based GMO-Z.com Cryptonomics on October 20, 2026. The transaction structured through BTGT Management Thailand entity seeks to secure direct operational access across Southeast Asia under an established regulatory framework.
The target business has operated the Z.com EX platform since February 2021. Thailand’s Securities and Exchange Commission formally includes the firm among its authorized digital asset exchange operators permitted to conduct trading activities locally.
GMO Internet disclosed the planned sale of its 99.94% voting stake in a regulatory filing dated September 24, 2026. The Japanese corporate group designated October 31, 2026, as the tentative closing deadline, pending statutory clearances from domestic authorities.
The expansion initiative follows a major cyberattack disclosed in late September against the exchange’s storage systems. Company disclosures outlining the breach inside the security incident official timeline documented approximately $388 million drained through compromised third-party administrative software.
Platform operations resumed gradually following emergency forensic countermeasures across affected hot wallets. The firm subsequently resumed digital asset withdrawals on October 2, 2026, maintaining that customer account balances remained protected throughout the recovery process.
Concurrently with infrastructure reviews, the exchange expanded retail investment products. The business introduced specialized investment portals designed to provide pre-IPO market exposure tied to high-valuation private aerospace firms through dedicated financial contracts.
Bitget revised its operating terms on October 16, 2026, listing Thailand, Russia, Belarus, and Kazakhstan among restricted territorial jurisdictions. The operator followed on October 17 by notifying account closures for selected counterparties, describing the action as a discrete regulatory consolidation.
Final closure of the transaction remains contingent upon formal approval by Thai market supervisors. The financial valuation and the exact capital share held by Bitget within the acquiring entity remain undisclosed.
This article is for informational purposes only and does not constitute financial advice.
