KuCoin has acquired ERX, Thailand’s inaugural digital token exchange supervised by the Securities and Exchange Commission (SEC), marking a strategic expansion into Southeast Asia’s regulated cryptocurrency market. The acquisition grants KuCoin full licensing to operate as a local exchange in Thailand while adhering to the country’s regulatory requirements and security standards.
Through this transaction, KuCoin Thailand will integrate ERX users onto its platform, enhancing their experience with upgraded security protocols and compliance frameworks. Thailand’s crypto market currently includes eight licensed exchanges, with KuCoin’s entry expected to stimulate regional competition and innovation.
The move reflects a growing trend among global cryptocurrency exchanges targeting Southeast Asia’s expanding digital asset ecosystem. By establishing a compliant operational foothold via Thailand’s pioneering SEC-regulated exchange, KuCoin strengthens its position in one of Asia’s most dynamic cryptocurrency markets.