TechFlow news — According to Bloomberg, Binance has formed a joint venture with Gulf Energy Development, a Thai power company, and will apply for a license to operate a digital asset trading platform in Thailand. This partnership was first disclosed in January. However, in a regulatory filing submitted Monday to the Stock Exchange of Thailand, Gulf Energy stated that in addition to the joint venture in Thailand, it has also agreed to invest in BNB and preferred shares of Binance.US.
Earlier in January, it was reported that Binance partnered with Gulf Energy Development of Thailand to jointly build a digital asset exchange.
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