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EVENT / TOPICHistorical

Bitget Eyes Expansion into Southeast Asia with Planned Acquisition of Thailand’s GMO‑Z.com Cryptonomics

1 reports1 sources10/20/2026 updated

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Bitget has announced plans to acquire Thai crypto exchange GMO‑Z.com Cryptonomics, a move aimed at expanding its presence across Southeast Asia. The deal involves Bitget’s subsidiary BTGT Management and will require regulatory approval before it can be finalized. The announcement comes in the wake of a $388 million hot‑wallet security breach that Bitget suffered earlier this year. In response to that incident, the company suspended certain services and updated its terms of service to impose stricter limits. While the acquisition is still in the planning stages, it signals Bitget’s intent to rebound and grow in the region despite the recent setback.

Written with AI from the reporting · updated 10/20/2026

Latest developmentOct 20, 18:00
Bitget to acquire GMO-Z.com Cryptonomics to expand in Southeast Asia
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  1. 1Unclassified fact stationOct 20, 00:00recorded Oct 20, 18:18single sourcerevised

    Bitget计划收购泰国GMO-Z.com Cryptonomics

    Read original source ↗ CointelegraphReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject：
    bitget
    Action：
    宣布收购计划
    Object：
    GMO-Z.com Cryptonomics
    Occurred (fact side)：
    Oct 20, 00:00
    Cointelegraph ↗Report pageRevision 2 · currently revised
    Published (valid side)：
    Oct 20, 18:00
    First seen (known side)：
    Oct 20, 18:18
    Fact stationSingle source · one-sided claimRevised

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Oct 20
  1. CointelegraphRelated fact: single sourceSource report revised
    Bitget to acquire GMO-Z.com Cryptonomics to expand in Southeast Asia

    Report first recorded Oct 20, 18:18

    Bitget plans to acquire Thailand's GMO-Z.com Cryptonomics through BTGT Management, aiming to launch its trading platform in the Thai market. The deal follows a $388 million hack of Bitget's wallet infrastructure in September, which the exchange said was fully restored by Oct. 2. Completion remains subject to regulatory approval.

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