KULAP has received funding from J Ventures, an investment arm of Jaymart. The figures were not disclosed.
KULAP is a decentralized exchange platform. It is waiting for license approval from Thailand’s Securities and Exchange Commission (SEC).
In the future, J Ventures will help plan product roadmap with KULAP with a focus on financial platform development through blockchain and artificial intelligence (AI).
CEO Thanawat Loetwattanarak said J Ventures decided to invest in KULAP because it is confident in its founders and products that will support its current platform which is the first platform where investors don’t have to deposit their assets with the operators.
Palakorn Yodchomyan, CEO and co-founder of KULAP, said that having J Ventures as an investor and partner will help the company drive grow and become a leader in this business in Thailand, including expanding into foreign markets.
