TLDR
- DV8 secures $7.4M to pioneer Southeast Asia’s first Bitcoin treasury, boosting financial innovation in the region.
- Thailand’s DV8 aims to integrate Bitcoin into corporate treasury systems, following MicroStrategy’s successful model.
- Thailand opens doors for crypto payments in tourism, allowing tourists to spend digital currencies across the country.
- Southeast Asia’s crypto adoption grows as DV8 leads the charge in Bitcoin treasury and digital banking solutions.
Thailand-based DV8 is setting the stage to pioneer the first Bitcoin treasury in Southeast Asia. The company, which is publicly listed with a valuation of $200 million, has secured $7.4 million in funding to establish this new venture.
With this move, DV8 aims to position itself as a leader in integrating Bitcoin into the region’s financial systems, following a growing global trend of adopting digital assets as treasury resources.
DV8’s Vision for Bitcoin Treasury in Southeast Asia
DV8 Public Company Limited, a $200 million firm based in Thailand, has announced its intention to become Southeast Asia’s first Bitcoin treasury company. The company recently completed an initial funding round, raising 241 million baht ($7.4 million), marking a significant step toward integrating Bitcoin as a treasury asset.
This move is part of a broader global trend where corporations are adopting Bitcoin to diversify their balance sheets and strengthen their financial positions.
DV8’s decision to adopt Bitcoin as a treasury asset follows the lead of major companies like MicroStrategy, which has successfully incorporated Bitcoin into its corporate strategy.
The firm believes Bitcoin offers long-term value and stability, positioning it as a critical part of its financial future. The move adiitionally reflects the increasing acceptance of Bitcoin as a store of value, especially amid inflationary concerns.
The announcement has already had a positive impact on DV8’s stock price, which surged by 30%. At press time, the stock is valued at 7.85 baht, marking a 50% increase in just five days, and an impressive 1,570% rise over the past six months.
Global Trends in Crypto Payments for Tourism
As cryptocurrency adoption grows, several countries are exploring its use in tourism. Thailand is taking significant steps to integrate Bitcoin and other digital currencies into its tourism sector. The country’s efforts include launching a national crypto regulatory sandbox aimed at allowing tourists to convert their digital assets into Thai baht for spending locally.
This initiative builds on Thailand’s earlier “Phuket Sandbox,” which allowed limited crypto payments in tourist areas. With this expansion, Thailand is opening the door for foreign visitors to use their cryptocurrencies more widely across the country.
Tourists will be able to use digital currencies via licensed operators and exchange platforms, making it easier for them to pay for goods and services during their stay.
💥BREAKING
THAILAND TO LAUNCH NATIONAL CRYPTO SANDBOX FOR TOURISTS
NO LONGER LIMITED TO PHUKET — DIGITAL ASSET USE TO EXPAND NATIONWIDE 🇹🇭 pic.twitter.com/0wjtwiDw1s
— DustyBC Crypto (@TheDustyBC) July 17, 2025
This trend of incorporating cryptocurrencies into the tourism industry is not limited to Thailand. Countries like Bhutan and regions in Europe, such as the French Riviera, are also experimenting with similar systems, enabling tourists to use their digital assets for everything from accommodations to meals.
These initiatives, consequently, reflect a growing global movement to normalize crypto payments, especially in tourist-heavy areas where international visitors are more likely to use digital currencies.
The Future of Crypto in Southeast Asia’s Financial Landscape
Southeast Asia is as a result becoming a key player in the global crypto space, with countries like Thailand, Singapore, and the Philippines adopting supportive regulatory frameworks. This has created a strong foundation for innovation in decentralized finance (DeFi), digital banking, and blockchain technology.
DV8’s Bitcoin treasury is a significant part of this trend, as the company integrates Bitcoin into its treasury management and plans to introduce crypto-integrated banking solutions. This initiative could enhance financial inclusion in a region with many unbanked individuals.
As Southeast Asia solidifies its role as a crypto hub, companies like DV8 will drive the development of new financial products and services based on digital assets. With regulatory backing and forward-thinking leadership, the region is poised to play a central role in the global crypto economy.
The increasing adoption of Bitcoin as a treasury asset and its expanding use in tourism payments as a result, signals a shift in Southeast Asia’s financial landscape. The region is on track to become a global leader in cryptocurrency adoption and regulation.
Stay Ahead of the Market with Benzinga Pro!
Want to trade like a pro? Benzinga Pro gives you the edge you need in today's fast-paced markets. Get real-time news, exclusive insights, and powerful tools trusted by professional traders:
- Breaking market-moving stories before they hit mainstream media
- Live audio squawk for hands-free market updates
- Advanced stock scanner to spot promising trades
- Expert trade ideas and on-demand support