DV8 Public Company plans to acquire Rakkar Digital, while Mastercard and Krungthai Card pilot agentic AI payments and Wise secures five new financial licenses to expand in Thailand.

Key Points

• DV8 Public Company announced a deal to acquire digital asset custodian Rakkar Digital, investing up to $3 million to bolster its regulated infrastructure.
• Mastercard and Krungthai Card (KTC) successfully completed Thailand’s first authenticated agentic transaction using AI agents and Mastercard Payment Passkeys.
• The Mastercard pilot demonstrated AI-driven travel bookings and payments, marking the latest expansion of the company's agentic commerce testing in the Asia-Pacific region.
• Wise became the first non-bank entity to secure five financial licenses in Thailand, enabling the firm to offer local electronic money and fund transfer services.
• Thailand’s cross-border payment market, previously dominated by traditional banks, is seeing increased competition from international fintechs like Wise.

Why it Matters

These developments signal a rapid modernization of Thailand’s financial sector through the integration of AI-driven payments and regulated digital asset infrastructure. By attracting global fintech players and testing advanced autonomous transaction technologies, Thailand is positioning itself as a key hub for digital financial innovation in Southeast Asia.