Crypto exchange Bitget has announced plans to acquire Thailand's GMO-Z.com Cryptonomics, operator of Z.com EX, through BTGT Management (Thailand), to expand in Southeast Asia and enter Thailand through a locally licensed operator. GMO Internet disclosed the sale in a September 24 filing, targeting completion on October 31, subject to regulatory approval and other conditions. The deal follows a September 24 attack on Bitget's hot and warm wallets, which affected about $388 million after attackers exploited a vulnerability in a third-party security product to issue fraudulent withdrawals. Bitget said customer account balances were unaffected and that it completed the phased restoration of withdrawals by October 2. The company did not disclose its interest in BTGT Management or the deal's financial terms.
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cryptomergers and acquisitionsBitgetcybersecurity
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Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/19/2026 | 81,938.40 |
| Change that session | -0.22% |
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