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Asphere Innovations company logo
Holding Company
asiasoft.com

Investments

2

Partners & Customers

4

About Asphere Innovations

Asphere Innovations (SET: AS) operates as a premier online game publisher. It also invests in digital technology businesses and startups. Asphere Innovations was formerly known as Asiasoft Corporation. It was founded in 2001 and is based in Indonesia.

Headquarters Location

Indonesia

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Latest Asphere Innovations News

Asphere to acquire stake in Bitkub Online

Jul 4, 2023

0 published : 4 Jul 2023 at 04:09 0 Mr Pramoth said the firm recognises the tremendous opportunities arising from blockchain technology, which is set to play a vital role in the future. The board of directors of SET-listed Asphere Innovations on June 30 approved the purchase of 9.22% of the total authorised share capital in Bitkub Online Co (BO) from Bitkub Capital Group Holdings Co for no more than 600 million baht as part of an expansion of Asphere's presence in the blockchain and crypto market. The share purchase is expected to be completed on July 31, according to Asphere's filing to the Stock Exchange of Thailand last week. BO is a leader in the digital asset exchange business in Thailand and obtained digital asset exchange licences in the form of a cryptocurrency exchange licence and digital token exchange licence from the Ministry of Finance under the name Bitkub Exchange. Pramoth Sudjitporn, chairman of Asphere's board, said the company recognises the tremendous opportunities that arise from blockchain technology, commonly referred to as Web 3.0, which is set to play a vital role in the future, according to an Asphere news release. "Therefore, we are excited to acquire shares in Bitkub Online, Thailand's leading cryptocurrency and digital assets exchange, boasting a market share of over 90%. With its extensive expertise and comprehensive blockchain and cryptocurrency ecosystem, Bitkub Online will enhance and strengthen our business and enable us to become a prominent player in the digital technology service provider industry." In 2022, Asphere partnered with Bitkub Ventures Co to establish Kubplay Entertainment Co to develop and deliver a cutting-edge hybrid Web 3.0 gaming platform. The investment in Bitkub Online further solidifies the bond between the two companies, fostering expanded cooperation, knowledge exchange and technological advancements within Asphere Innovations' core business and its wider group of companies, the company said. This includes harnessing the potential of blockchain tech to enhance security and transparency for online transactions, as well as the development of decentralised applications (dApps) to introduce innovative services across the group's existing operations. Asphere, formerly known as Asiasoft Corporation, operates in the field of digital technology and consists of four business groups, including online games, blockchain and innovation technologies, marketing technologies and corporate venture capital. Bitkub Online's platform offers trading services for 87 different digital currencies and has more than 1.9 million verified user accounts. 0

Asphere Innovations Investments

2 Investments

Asphere Innovations has made 2 investments. Their latest investment was in Bitkub as part of their Corporate Minority on July 7, 2023.

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Asphere Innovations Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/3/2023

Corporate Minority

Bitkub

$17.8M

Yes

3

6/30/2015

Series A

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$99M

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10

Date

7/3/2023

6/30/2015

Round

Corporate Minority

Series A

Company

Bitkub

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Amount

$17.8M

$99M

New?

Yes

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Co-Investors

Sources

3

10

Asphere Innovations Acquisitions

1 Acquisition

Asphere Innovations acquired 1 company. Their latest acquisition was CiB Development on March 14, 2012.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/14/2012

Private Equity

$99M

Corporate Majority

Date

3/14/2012

Investment Stage

Private Equity

Companies

Valuation

$99M

Total Funding

Note

Corporate Majority

Sources

Asphere Innovations Partners & Customers

4 Partners and customers

Asphere Innovations has 4 strategic partners and customers. Asphere Innovations recently partnered with Bitkub on July 7, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

7/24/2023

Partner

Thailand

Thai crypto exchange Bitkub looks to gaming to expand market presence

Thailand 's largest digital asset exchange , Bitkub Online , announced on Tuesday a partnership with Bangkok-listed game publisher Asphere in an effort to reverse the local industry 's fortunes after last year 's `` crypto winter . ''

2

9/18/2014

Partner

China

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10

1/14/2009

Partner

United States

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10

8/24/2006

Partner

United States

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10

Date

7/24/2023

9/18/2014

1/14/2009

8/24/2006

Type

Partner

Partner

Partner

Partner

Business Partner

Country

Thailand

China

United States

United States

News Snippet

Thai crypto exchange Bitkub looks to gaming to expand market presence

Thailand 's largest digital asset exchange , Bitkub Online , announced on Tuesday a partnership with Bangkok-listed game publisher Asphere in an effort to reverse the local industry 's fortunes after last year 's `` crypto winter . ''

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Sources

2

10

10

10

Asphere Innovations Team

1 Team Member

Asphere Innovations has 1 team member, including former Chief Technology Officer, Michael Chan.

Name

Work History

Title

Status

Michael Chan

Chief Technology Officer

Former

Name

Michael Chan

Work History

Title

Chief Technology Officer

Status

Former

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