Haider Jamal

Feb 22, 2022

Stock Exchange of Thailand (SET) Is Considering New Digital Asset Exchange Connected With Crypto

The Stock Exchange of Thailand (SET) is considering developing a new digital asset exchange connected with the crypto market.

The SET therefore intends to build its own respective digital asset exchange later on this year, which will potentially bring in additional exposure possibilities such as utiliy and investment tokens.

Although the SET&39s planned digital asset exchange will not be directly tied to crypto markets, the platform will nevertheless have some connection to cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), among others.

Furthermore, the SET will also be openly linked to a crypto exchange, enabling investors to successfully convert their cryptocurrency assets into fiat prior to trading on the stock exchange.

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