DV8 Revamps Board with Global Crypto Leaders and Thai Business Tycoons

DV8, a Thai-listed company, has announced a board reshuffle with the introduction of global crypto leaders and local tycoons, including Chotiphun Tiaviwat, Chatchaval Jiaravanon, Vichate Tantiwanich, John Riggins, Samuel Coyn Mateer, and Jason Fang. The new board members have signed a 12-month lock-up agreement to support DV8's goal of building a financial innovation hub in Southeast Asia.

DV8 Public Company Limited, a Thailand-based listed company, has recently announced a significant board reshuffle that includes the introduction of prominent global crypto leaders and local tycoons. The new board members, who have signed a 12-month lock-up agreement, are expected to support DV8's ambitious goal of establishing a financial innovation hub in Southeast Asia.

The new board members include Chotiphun Tiaviwat, Chatchaval Jiaravanon, Vichate Tantiwanich, John Riggins, Samuel Coyn Mateer, and Jason Fang. Tiaviwat, Jiaravanon, and Tantiwanich are well-known local figures, while Riggins, Mateer, and Fang bring extensive international experience in the digital asset space.

This strategic move comes as Thailand continues to foster growth in its digital asset sector. In 2025, the Thai government implemented several new policies aimed at enhancing customer protection, transparency, and market revenue in the crypto space [2]. The country's efforts to become a prominent player in digital finance and cryptocurrency have been bolstered by these regulatory changes, which include a five-year tax exemption on capital gains from crypto trading [2].

DV8's expansion into the digital asset market is also part of a broader trend of companies diversifying their portfolios. For instance, Top Win International Limited recently announced a tender offer to acquire a significant stake in DV8, aiming to strengthen its presence in Thailand's capital markets [1]. This move aligns with Top Win's broader goal to expand into the Web3 and digital asset markets, indicating a forward-thinking approach that aligns with emerging market trends.

The new board members' lock-up agreement is a strategic move to ensure stability and continuity as DV8 navigates its expansion into the digital asset space. This approach is consistent with the company's broader goal of building a financial innovation hub in Southeast Asia.

References:
[1] https://www.nasdaq.com/articles/top-win-international-limited-announces-tender-offer-dv8-public-company-limited-securities
[2] https://coinpedia.org/cryptocurrency-regulation/cryptocurrency-regulations-in-thailand/