February 22, 2021
GMO Internet Group Launches Cryptoassets
Exchange “Z.com EX” in Thailand
Exchange “Z.com EX” in Thailand
Bangkok, Thailand - February 22, 2021 - GMO-Z.com Cryptonomics (Thailand) Co., Ltd. has successfully launched its cryptoassets exchange platform Z.com EX (ex.z.com) on February 22, 2021. The exchange has already listed six major cryptocurrencies: Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and Stellar. Z.com EX is available via web-based access as well as a mobile application (both iOS and Android, from late March 2021).
Thailand has positioned itself as one of the most promising countries for cryptocurrency businesses. After the enactment of the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018), which legally defines cryptocurrency and digital tokens as cryptoassets, the country has been developing Digital Baht (national cryptocurrency) and conducting pilot experiments through the Bank of Thailand. As for the cryptoassets trading volumes, the country holds a striking record with the total trading value exceeding 100 billion yen per month.
Z.com Ex offers sufficient liquidity with its secure, high-performance data storage center (cloud server) located in Thailand. Customer assets and personal information are securely stored inside the world’s most secure server.
Z.com EX has obtained authorization from Thailand’s Securities and Exchange Commission (SEC) and the Ministry of Finance (MOF) to operate the cryptoassets exchange business.
Overview
Company Name | GMO-Z.com Cryptonomics (Thailand) Company Limited |
Location | No.1, Fortune Town Building, 22nd Floor, Ratchadaphisek Road, Din Daeng Sub-district, Din Daeng District, Bangkok 10400 |
Name & Title of Representative | Director: Yasuaki Tanaka Director: Chalermruth Narkvichien Director: Tanapoom Damraks Director: Vichate Tantiwanich |
Business Description | Cryptoassets exchange business |
Capital | 175,000,000 Baht |
Date of Establishment | July 20, 2018 |
Ownership Ratio | GMO-Z.com Pte Limited (49%) GMO-Z.com Holdings (Thailand) Company Limited (50.9%) Mr.Chalermruth Narkvichien(0.1%) |
GMO Internet Group
GMO Internet Group is an Internet service industry leader, developing and operating Japan’s most widely used domain, hosting & cloud, ecommerce, security, and payment solutions. The Group also includes the world’s largest online FX trading platform, as well as online advertising, Internet media, and cryptoassets related services. GMO Internet, Inc. (TSE: 9449) is headquartered in Tokyo, Japan. For more information, please visit https://www.gmo.jp/en/
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