DV8Thailand has entered into a share acquisition agreement to purchase an equity stake in Rakkar Digital, marking a significant milestone as Southeast Asia's first Bitcoin treasury company to secure a digital asset license. Rakkar Digital, a custodian with over $700 million in assets under custody as of December 24, 2024, is a joint venture between SCBX and Fireblocks. The acquisition follows Rakkar Digital's previous $10 million seed investment from SCB 10X in 2022, highlighting its growing influence in the digital asset space. This strategic move by DV8Thailand underscores the increasing institutional interest in digital asset management within the region.