Waan Exchange Appoints Rakkar as Digital Asset Custodian

WaanX, the cryptocurrency exchange and brokerage holding a digital asset business license from the Thailand Securities and Exchange Commission (SEC), has appointed Rakkar as their official digital asset custodian. This strategic appointment underscores WaanX’s commitment to providing the ultimate trading experience for investors without compromise on security and reliability by employing Rakkar’s industry-leading digital asset custodianship services.

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Since 2022, Rakkar has been appointed by regulated financial institutions across the region for its robust custodianship prioritizing security and compliance standards. Rakkar’s industry-leading security and compliance architecture sets a new benchmark for custodianship excellence within the region, ensuring that institutional clients are empowered to navigate the ever-evolving landscape of digital assets confidently.

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“The appointment by Waan Exchange— marks a defining moment for the digital asset industry in Asia,” Arthit Sriumporn, Founder & CEO of Rakkar comments. “This partnership highlights Rakkar’s dedication to setting new standards in asset security and custodianship while strengthening the foundation for a secure and trustworthy digital asset market in Asia. Together, drive forward the evolution of a more secure, transparent, and resilient digital asset ecosystem.”

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"We are thrilled to partner with Rakkar, a leader in digital asset custody,” said Chaval Jiaravanon, CEO of WaanX. “Their expertise and robust security protocols align perfectly with our mission to offer a reliable and secure trading platform for our clients.”

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This appointment comes shortly after Rakkar’s recent announcement of its successful audit for SOC 1 Type 1 attestation, an addition to its existing certifications, ISO27001 and SOC 2 Type 1 & 2, further amplifies Rakkar’s commitment to ensure high standards in security and financial reporting.

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For more information about the partnership and the services offered, please visit Rakkar’s official website and WaanX’s official website.