Strategic Backing Rakkar Digital is supported by SCB 10X, the investment arm of Siam Commercial Bank, indicating strong financial backing and potential for expansion within Asia's digital banking and asset custody markets.
Regulatory Certification Having received the Digital Asset Custodian License from Thailand's Ministry of Finance and security certifications like ISO 27001 and SOC 2, Rakkar demonstrates a proven compliance framework, making it attractive for institutions seeking secure and regulated custody solutions.
Market Expansion Recent partnerships with DigiFT, Ondo Points, and collaborations with OpenEden highlight Rakkar’s active efforts to expand its ecosystem, offering multiple integration opportunities for firms involved in tokenization, DeFi, and digital asset management.
Growth & Acquisition The potential acquisition by DV8 and significant funding of $10 million reveal growth momentum, providing a compelling case for clients interested in working with a rapidly scaling custodian with backing for future innovations.
Revenue & Market Position With estimated revenues between $10 million and $25 million and a focused niche within the digital asset custody industry, Rakkar represents a promising partner for financial institutions seeking institutional-grade digital asset security solutions.