Bitkub Exchange will promote the Cardano blockchain in Thailand
Cardano’s EMURGO established a partnership with Bitkub exchange & Bitkub academy.
Bitkub is a Thailand-based popular crypto exchange. This exchange was co-founded by Jirayut Srupsrisopa in Feb 2018. In 2022, For alleged involvement in unethical activities like wash and inside trading, Thailand’s Securities and Exchange Commission (Thai SEC) initiated an investigation against this exchange, which further ruined the reputation of this exchange significantly.
Recently Cardano’s commercial arm established a partnership with Bitkub Exchange, and the leading crypto education hub, Bitkub Academy.
Under this partnership, the Bitkub exchange & crypto education hub will promote educational awareness about the Cardano blockchain among Thai crypto investors.
The promotion of Cardano in Thailand will also include co-hosting Web3 business competitions for talented Thai youth and university students, providing them with Web3 career opportunities. Additionally, the collaboration will explore potential use cases for Cardano ecosystem projects, including stablecoins.
Ken Kodama, the CEO of EMURGO, shared his happiness about this strategic partnership and said that it will help to enhance the presence of the Cardano Blockchain in Thailand with local partners in the country. He also noted that it will not only push Cardano education but also will push real blockchain development works.
ADA coin price action
Ada is a native coin on the Cardano network. Cardano is a popular Proof-of-stake (PoS) scalable blockchain network. Cardano blockchain was founded by Ethereum co-founder Charles Hoskinson.
The current trade price of ADA coin is $0.359 & this trade price is 3.83% high over the last 7 days of trade price.
Cardano is ranked in the top 10 crypto assets in the crypto sector but its back-end team never focusses on promotional strategies, instead remains focussed on real development works.
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