The world's largest crypto exchange continues to expand, despite ongoing regulatory trouble for it and its CEO, Changpeng Zhao.
Binance is partnering with Gulf Energy, one of Thailand's largest private producers of energy, to launch an exchange in Thailand, according to an investor presentation from Gulf Energy for the third quarter of 2023. Sarath Ratanavadi is the majority shareholder and CEO of the Thai energy company and, with a net worth of approximately $10.6 billion, the nation's second-wealthiest individual, per the Bloomberg Billionaires Index.
