TrueMoney, a major digital financial service provider in Asean, has partnered with Merkle Capital, a local digital asset management firm, to enable users to invest in cryptocurrency through TrueMoney Wallet, the first time Thai consumers can make such an investment through an e-wallet.
TrueMoney expects between 100,000 and 200,000 of its 24 million e-wallet users will invest through its platform.
TrueMoney operates under Ascend Money, the digital payment and financial service unicorn of Charoen Pokphand Group's online business arm Ascend Group, while Merkle Capital operates under Cryptomind Group Holdings, a pioneer in digital asset services and investment product development.
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