The collaboration aims to start an exchange with an invitation-only phase, aiming for a public launch in early 2024.
Sarath Ratanavadi, the CEO of Gulf Energy, ranks as the country's second wealthiest individual.
Bangkok, Thailand
In collaboration with Gulf Energy Development, Binance is gearing up to launch a crypto exchange in Thailand in early 2024. The announcement follows Gulf
Energy's filing with the Stock Exchange of Thailand on November 15. This revealed that the Gulf Binance venture will initially operate on an invitation-only
basis, with a public rollout expected by early 2024. The venture has received
approval from the Thai Securities and Exchange Commission (SEC) as of November
10.
Binance
and Gulf Energy to Unveil Thai Crypto Exchange
The venture's progress follows Gulf Binance obtaining digital asset operator licenses from
Thailand’s Ministry of Finance on May 26 as confirmed by Richard Teng, Binance’s Regional Head of Asia, Europe, and the Middle East and North
Africa.
Richard Teng, Regional Head, Binance, Source: LinkedIn
These licenses allow the operation of a regulated crypto exchange under the Thai SEC’s jurisdiction. Initially, Binance had aimed to launch its Thai arm by the fourth quarter
of 2023. However, a spokesperson from Binance indicated that the platform has been launched on an
invitation-only basis, with further details pending.
Gulf
Energy, led by Sarath Ratanavadi, Thailand's second-wealthiest individual, is poised to leverage its local presence and network in this endeavor. Binance aims to showcase blockchain technology's potential to Thai users.
Teng has expressed his intention to leverage Gulf's established local presence
and network. Additionally, Gulf Binance aims to demonstrate the potential of blockchain
technology to the local user base.
Binance and Thai Law Enforcement
Last month, Finance Magnates reported that Binance
had collaborated with Thai law enforcement, which contributed to dismantling cryptocurrency scam networks. Binance's Investigations team worked with the Cyber Crime Investigation Bureau (CCIB) of the Royal
Thai Police. In one case, they tackled a "pig butchering" scam, resulting in the arrest of five key
individuals and the seizure of assets worth THB 10 billion ($277 million), benefiting over
3,200 victims.
Furthermore, Binance played a role
in exposing and disrupting another crypto scam, leading to arrests across 30
locations and the seizure of assets, including 16 luxury residences, 12
vehicles, and THB 16 million.
In collaboration with Gulf Energy Development, Binance is gearing up to launch a crypto exchange in Thailand in early 2024. The announcement follows Gulf
Energy's filing with the Stock Exchange of Thailand on November 15. This revealed that the Gulf Binance venture will initially operate on an invitation-only
basis, with a public rollout expected by early 2024. The venture has received
approval from the Thai Securities and Exchange Commission (SEC) as of November
10.
Binance
and Gulf Energy to Unveil Thai Crypto Exchange
The venture's progress follows Gulf Binance obtaining digital asset operator licenses from
Thailand’s Ministry of Finance on May 26 as confirmed by Richard Teng, Binance’s Regional Head of Asia, Europe, and the Middle East and North
Africa.
Richard Teng, Regional Head, Binance, Source: LinkedIn
These licenses allow the operation of a regulated crypto exchange under the Thai SEC’s jurisdiction. Initially, Binance had aimed to launch its Thai arm by the fourth quarter
of 2023. However, a spokesperson from Binance indicated that the platform has been launched on an
invitation-only basis, with further details pending.
Gulf
Energy, led by Sarath Ratanavadi, Thailand's second-wealthiest individual, is poised to leverage its local presence and network in this endeavor. Binance aims to showcase blockchain technology's potential to Thai users.
Teng has expressed his intention to leverage Gulf's established local presence
and network. Additionally, Gulf Binance aims to demonstrate the potential of blockchain
technology to the local user base.
Binance and Thai Law Enforcement
Last month, Finance Magnates reported that Binance
had collaborated with Thai law enforcement, which contributed to dismantling cryptocurrency scam networks. Binance's Investigations team worked with the Cyber Crime Investigation Bureau (CCIB) of the Royal
Thai Police. In one case, they tackled a "pig butchering" scam, resulting in the arrest of five key
individuals and the seizure of assets worth THB 10 billion ($277 million), benefiting over
3,200 victims.
Furthermore, Binance played a role
in exposing and disrupting another crypto scam, leading to arrests across 30
locations and the seizure of assets, including 16 luxury residences, 12
vehicles, and THB 16 million.
Crypto Industry in 2025: Five Defining Trends – And One Prediction for 2026
OnePrime’s Jerry Khargi on Infrastructure, Liquidity & Trust | Executive Interview
OnePrime’s Jerry Khargi on Infrastructure, Liquidity & Trust | Executive Interview
Recorded live at FMLS:25 London, this exclusive executive interview features Jerry Khargi, Executive Director at OnePrime, in conversation with Andrea Badiola Mateos from Finance Magnates.
In this in-depth discussion, Jerry shares:
- OnePrime’s journey from a retail-focused business to a global institutional liquidity provider
- What truly sets award-winning trading infrastructure apart
- Key trends shaping institutional trading, including technology and AI
- The importance of transparency, ethics, and reputation in long-term success
- OnePrime’s vision for growth over the next 12–24 months
Fresh from winning Finance Magnates’ Best Trading Infrastructure Broker, Jerry explains how experience, mentorship, and real-world problem solving form the “special sauce” behind OnePrime’s institutional offering.
🏆 Award Highlight: Best Trading Infrastructure Broker
👉 Subscribe to Finance Magnates for more executive interviews, market insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #OnePrime #InstitutionalTrading #Liquidity #TradingInfrastructure #ExecutiveInterview
Recorded live at FMLS:25 London, this exclusive executive interview features Jerry Khargi, Executive Director at OnePrime, in conversation with Andrea Badiola Mateos from Finance Magnates.
In this in-depth discussion, Jerry shares:
- OnePrime’s journey from a retail-focused business to a global institutional liquidity provider
- What truly sets award-winning trading infrastructure apart
- Key trends shaping institutional trading, including technology and AI
- The importance of transparency, ethics, and reputation in long-term success
- OnePrime’s vision for growth over the next 12–24 months
Fresh from winning Finance Magnates’ Best Trading Infrastructure Broker, Jerry explains how experience, mentorship, and real-world problem solving form the “special sauce” behind OnePrime’s institutional offering.
🏆 Award Highlight: Best Trading Infrastructure Broker
👉 Subscribe to Finance Magnates for more executive interviews, market insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #OnePrime #InstitutionalTrading #Liquidity #TradingInfrastructure #ExecutiveInterview
How does the Finance Magnates newsroom decide which updates are worth covering? #financenews
How does the Finance Magnates newsroom decide which updates are worth covering? #financenews
What makes an update worth covering in financial media?
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, editorial focus starts with relevance: stories that serve the industry, support brokers and technology providers, and help decision-makers navigate their businesses.
A reminder that strong financial journalism is built on value, not volume.
What makes an update worth covering in financial media?
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, editorial focus starts with relevance: stories that serve the industry, support brokers and technology providers, and help decision-makers navigate their businesses.
A reminder that strong financial journalism is built on value, not volume.
Liquidity as a Business: How Brokers Can Earn More
Liquidity as a Business: How Brokers Can Earn More
This webinar will focuses on how brokers can create new revenue streams by launching or enhancing their liquidity business.
John Murillo, Chief Dealing Officer of the B2BROKER group, covers how:
- Retail brokers can launch their own B2B arm to distribute liquidity and boost profitability.
- Institutional brokers can upgrade their liquidity offering and strengthen their market position.
- New entrants can start from scratch and become liquidity providers through a ready-made turnkey solution.
Hosted by B2BROKER, a global fintech provider of liquidity and technology solutions, the session will reveal how to monetize liquidity, accelerate business growth, and increase profitability using the Liquidity Provider Turnkey solution.
📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: / https://www.linkedin.com/company/financemagnates/
👍 Facebook: / https://www.facebook.com/financemagnates/
📸 Instagram: / https://www.instagram.com/financemagnates_official/?hl=en
🐦 X: https://x.com/financemagnates?
🎥 TikTok: https://www.tiktok.com/tag/financemag...
▶️ YouTube: / @financemagnates_official
This webinar will focuses on how brokers can create new revenue streams by launching or enhancing their liquidity business.
John Murillo, Chief Dealing Officer of the B2BROKER group, covers how:
- Retail brokers can launch their own B2B arm to distribute liquidity and boost profitability.
- Institutional brokers can upgrade their liquidity offering and strengthen their market position.
- New entrants can start from scratch and become liquidity providers through a ready-made turnkey solution.
Hosted by B2BROKER, a global fintech provider of liquidity and technology solutions, the session will reveal how to monetize liquidity, accelerate business growth, and increase profitability using the Liquidity Provider Turnkey solution.
📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: / https://www.linkedin.com/company/financemagnates/
👍 Facebook: / https://www.facebook.com/financemagnates/
📸 Instagram: / https://www.instagram.com/financemagnates_official/?hl=en
🐦 X: https://x.com/financemagnates?
🎥 TikTok: https://www.tiktok.com/tag/financemag...
▶️ YouTube: / @financemagnates_official
How FYNXT is Transforming Brokerages with Modular Tech | Executive Interview with Stephen Miles
How FYNXT is Transforming Brokerages with Modular Tech | Executive Interview with Stephen Miles
Join us for an exclusive interview with Stephen Miles, Chief Revenue Officer at FYNXT, recorded live at FMLS:25. In this conversation, Stephen breaks down how modular brokerage technology is driving growth, retention, and efficiency across the brokerage industry.
Learn how FYNXT's unified yet modular platform is giving brokers a competitive edge—powering faster onboarding, increased trading volumes, and dramatically improved IB performance.
🔑 What You'll Learn in This Video:
- The biggest challenges brokerages face going into 2026
- Why FYNXT’s modular platform is outperforming in-house builds
- How automation is transforming IB channels
- The real ROI: 11x LTV increases and reduced acquisition costs
👉 Don’t forget to like, comment, and subscribe.
#FYNXT #StephenMiles #FMLS2025 #BrokerageTechnology #ModularTech #FintechInterview #DigitalTransformation #FinancialMarkets #CROInterview #FintechInnovation #TradingTechnology #IndependentBrokers #FinanceLeaders
Join us for an exclusive interview with Stephen Miles, Chief Revenue Officer at FYNXT, recorded live at FMLS:25. In this conversation, Stephen breaks down how modular brokerage technology is driving growth, retention, and efficiency across the brokerage industry.
Learn how FYNXT's unified yet modular platform is giving brokers a competitive edge—powering faster onboarding, increased trading volumes, and dramatically improved IB performance.
🔑 What You'll Learn in This Video:
- The biggest challenges brokerages face going into 2026
- Why FYNXT’s modular platform is outperforming in-house builds
- How automation is transforming IB channels
- The real ROI: 11x LTV increases and reduced acquisition costs
👉 Don’t forget to like, comment, and subscribe.
#FYNXT #StephenMiles #FMLS2025 #BrokerageTechnology #ModularTech #FintechInterview #DigitalTransformation #FinancialMarkets #CROInterview #FintechInnovation #TradingTechnology #IndependentBrokers #FinanceLeaders
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
