Waan Exchange Appoints Rakkar as Digital Asset Custodian

Singapore, 14 August 2024 – 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.

Since2022, 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 anew benchmark for custodianship excellence within the region, ensuring that institutional clients are empowered to navigate the ever-evolving landscape of digital assets confidently.

“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.”

"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.”

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.

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

Disclaimer: Digital assets involve risks; investors should study information carefully and make investments according to their own risk profile.

‍

‍

About Rakkar

Rakkar stands as Asia's leading qualified digital asset custodian, offering unparalleled asset security to financial institutions. Fortified by our strategic backing from SCB 10X, the venture arm of the Siam Commercial Bank, Rakkar employs industry-leading, bank-caliber security measures, compliance frameworks and operational agility. Founded in 2022 and belting esteemed security excellence certifications such as ISO 27001 and SOC 1 Type 1, Rakkar remains unwavering in its mission to offer the most secure, institutional-grade custodian services across Asia.

For more information, please visit www.rakkardigital.com.

‍

About WaanX

Waan Exchange Co., Ltd. ("WAANX") was registered onJanuary 28, 2022, with our huge current registered capital of 200 million Baht. WaanX was founded by Chaval Jiaravanon, a family member of the Charoen Pokphand Group, a leading conglomerate in Asia. Jiaravanon is also involved in C.P. Group’s technology, media and telecom businesses. The company is currently license with The Securities and Exchange Commission,Thailand (Thai SEC) for cryptocurrency and digital token exchange and broker licenses. Our mission is to offer the ultimate cryptocurrency trading experience through our platform. While we aim to provide liquidity, we do not sacrifice any security or operational efficiency. We create a fair-trading environment available for everyone.

 For more information, please visit www.waanx.com.

‍

‍