Main navigation

Cardano Expands to Thailand via Emurgo and Thailand's Biggest Crypto Exchange Tie-up: Details

Advertisement
Thu, 23/03/2023 - 13:14
Cardano Expands to Thailand via Emurgo and Thailand's Biggest Crypto Exchange Tie-up: Details
Cover image via www.freepik.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Cardano's founding entity and also its official commercial arm, EMURGO, have announced a strategic partnership with Thailand's biggest cryptocurrency exchange, Bitkub Exchange, and its digital asset education hub, Bitkub Academy.

The partnership seeks to promote broader awareness of the Cardano blockchain ecosystem and Web3 in Thailand through community-building and educational initiatives.

The parties would also cohost Web3 business competitions for gifted Thai youth and university students, along with offering Web3 employment prospects.

Advertisement

The tie-up would also explore potential use cases for Cardano ecosystem initiatives, including stablecoins.

Thailand is ranked eighth globally in terms of cryptocurrency user adoption, with over $100 billion in transactions recorded between July 2021 and June 2022, according to the 2022 Global Cryptocurrency Adoption Index research by Chainalysis.

The Cardano ecosystem may now have more opportunities to expand in Thailand as a result of this move.

Cardano arrives at Ledger enterprise

Ledger, a crypto hardware wallet provider, is expanding its support for the Cardano ecosystem.

Cardano is now integrated into the Ledger Enterprise platform, a recent announcement states. Ledger Enterprise offers solutions for companies that intend to self-custody and secure their digital assets, so the move is expected to bring increased exposure to Cardano.

Related

The number of Cardano native assets recently crossed the eight million mark as the blockchain reports fundamental growth.

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD