The Brooker Group

Last updated

Brooker Group Public Company Limited is a Thailand-based listed company. The Company is primarily engaged in business and financial consulting services, investments and lending money. Its segments include Business Consulting, Investments and Digital Assets. [1]

Contents

The Brooker Group is the #1 largest holder of digital assets among public companies in Southeast Asia, the #2 largest holder in Asia, and the #15 largest holder across the globe. [2]

History

The Brooker Group was founded in 1994 by Chan Bulakul of the Bulakul family in Thailand. In the late 1990s, it focused on restructuring and distressed assets advisory and investments across Southeast Asia as a result of the 1997 Asian Financial Crisis, advising family owned businesses across Southeast Asia on how to navigate through the crisis. [3] As a result, the majority of its clients today are HNWIs (High Net-Worth Individuals) who invest in alternative assets globally. [4]

The Company later became the first Southeast Asian entity to be listed on the MAI (Market for Alternative Investments) exchange in 2001 and developed a reputation as an expert in alternative assets. [5]

In 2016, The Brooker Group was named on Forbes' "Asia's Best Under a Billion" list. [6]

The Brooker Group's founder started the Young Presidents' Organization (YPO) Chapter for Thailand. [7]

Digital Assets

In 2020, The Brooker Group established its digital assets division and became the first publicly listed company in Southeast Asia approved by regulating authorities to invest in non-listed digital assets. [8] [9] [10]

In 2022, The Brooker Group invested US$10 million into Binance Labs Investment Fund, the investment arm of cryptocurrency exchange Binance, becoming one of three members of the limited partner's advisory boards for family offices. [11] [12] [13]

The Brooker Group launched BrookNFT on Binance's NFT marketplace in March 2022 and became the creator with the largest trading by value for the month of March. [14]

The Brooker Group is the #1 largest holder of digital assets among public companies in Southeast Asia, the #2 largest holder in Asia, and the #15 largest holder across the globe. [2]

Related Research Articles

Fidelity Investments, commonly referred to as Fidelity, earlier as Fidelity Management & Research or FMR, is an American multinational financial services corporation based in Boston, Massachusetts. The company was established in 1946 and is one of the largest asset managers in the world with $3.9 trillion in assets under management, and, as of December 2022, their assets under administration amount to $10.3 trillion. Fidelity Investments operates a brokerage firm, manages a large family of mutual funds, provides fund distribution and investment advice, retirement services, index funds, wealth management, securities execution and clearance, asset custody, and life insurance.

Sequoia Capital is an American venture capital firm. The firm is headquartered in Menlo Park, California, and specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors. As of 2022, Sequoia's total assets under management were approximately US$85 billion.

<span class="mw-page-title-main">Siam Cement Group</span> Thai building materials manufacturer

The Siam Cement Public Company Limited is the largest and oldest cement and building material company in Thailand and Southeast Asia. In 2016, SCG was also ranked as the second largest company in Thailand and the 604th largest public company in the world by Forbes. The company is SET50 and SETHD-listed and an industry benchmark. The company's major shareholder is King Vajiralongkorn, which owns 30 percent of Siam Cement's shares.

A cryptocurrency exchange, or a digital currency exchange (DCE), is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies. Exchanges may accept credit card payments, wire transfers or other forms of payment in exchange for digital currencies or cryptocurrencies. A cryptocurrency exchange can be a market maker that typically takes the bid–ask spreads as a transaction commission for its service or, as a matching platform, simply charges fees.

Dato Patrick Y-Kin Grove is a Singaporean and Australian tech entrepreneur of mixed heritage.

Andreessen Horowitz is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. As of April, 2023, Andreessen Horowitz ranks first on the list of venture capital firms by AUM.

<span class="mw-page-title-main">Animoca Brands</span> Video game company

Animoca Brands Corporation Ltd is a Hong Kong-based game software company and venture capital company co-founded in 2014 by Yat Siu and David Kim. The company initially focused on developing mobile games, then shifted to blockchain gaming and NFTs in 2018.

<span class="mw-page-title-main">Cryptocurrency</span> Encrypted medium of digital exchange

A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it. It is a decentralized system for verifying that the parties to a transaction have the money they claim to have, eliminating the need for traditional intermediaries, such as banks, when funds are being transferred between two entities.

<span class="mw-page-title-main">Digital Currency Group</span> American venture capital company

Digital Currency Group (DCG) is a venture capital company focusing on the digital currency market. It is located in Stamford, Connecticut. The company has five subsidiaries: CoinDesk, Foundry, Genesis, Grayscale Investments, and Luno.

An initial coin offering (ICO) or initial currency offering is a type of funding using cryptocurrencies. It is often a form of crowdfunding, although a private ICO which does not seek public investment is also possible. In an ICO, a quantity of cryptocurrency is sold in the form of "tokens" ("coins") to speculators or investors, in exchange for legal tender or other cryptocurrencies such as Bitcoin or Ether. The tokens are promoted as future functional units of currency if or when the ICO's funding goal is met and the project successfully launches.

A cryptocurrency bubble is a phenomenon where the market increasingly considers the going price of cryptocurrency assets to be inflated against their hypothetical value. The history of cryptocurrency has been marked by several speculative bubbles.

Binance Holdings Ltd., branded Binance, is a global company that operates the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high frequency trading software. Binance was initially based in China, then moved its headquarters out of China shortly before the Chinese government imposed regulations on cryptocurrency trading.

Cryptocurrency and crime describes notable examples of cybercrime related to theft of cryptocurrencies and some of the methods or security vulnerabilities commonly exploited. Cryptojacking is a form of cybercrime specific to cryptocurrencies that has been used on websites to hijack a victim's resources and use them for hashing and mining cryptocurrencies.

OKX, formerly known as OKEx, is a Seychelles-based cryptocurrency exchange and derivatives exchange. It was founded by Star Xu (徐明星) in 2017. OKX is owned by OK Group, which also owns crypto exchange Okcoin. It is not currently available to US-based investors. The company's CEO is Jay Hao and CMO is Haider Rafique.

<span class="mw-page-title-main">Non-fungible token</span> Unique and non-interchangeable data

A non-fungible token (NFT) is a unique digital identifier that is recorded on a blockchain, and is used to certify ownership and authenticity. It cannot be copied, substituted, or subdivided. The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded. NFTs can be created by anybody, and require few or no coding skills to create. NFTs typically contain references to digital files such as artworks, photos, videos, and audio. Because NFTs are uniquely identifiable, they differ from cryptocurrencies, which are fungible.

An Initial exchange offering (IEO) is the cryptocurrency exchange equivalent to a stock launch or Initial public offering (IPO). An IEO is the process of digital asset (e.g. coins or tokens) procurement through an established exchange for the purpose of raising capital for start-up companies. Exchanges act as a middleman between investors and the startup, profiting from fees generated by services rendered during the due diligence process and funding phase. IEO's and initial coin offerings (ICO) share similar characteristics with, however, an IEO can be seen as an evolution from the ICO due to legal influence and an increase in financial regulations within the cryptocurrency market.

<span class="mw-page-title-main">0x (decentralized exchange infrastructure)</span> Cryptocurrency

0x is an open-source, decentralized exchange infrastructure that enables the exchange of tokenized assets on multiple blockchains. Developers can use 0x to incorporate exchange functionality into their applications, and market makers can use 0x to create markets for cryptocurrencies and tokens. ZRX, an Ethereum ERC-20 token, is the native governance and staking token of 0x. Individuals who own ZRX can vote on protocol changes and stake their tokens to earn liquidity rewards in Ether (ETH). The project's creator and core developer is 0x Labs.

<span class="mw-page-title-main">Solana (blockchain platform)</span> Public blockchain platform

Solana is a blockchain platform which uses a proof-of-stake mechanism to provide smart contract functionality. Its native cryptocurrency is SOL.

FTX Trading Ltd., commonly known as FTX, is a bankrupt company that formerly operated a cryptocurrency exchange and crypto hedge fund. The exchange was founded in 2019 by Sam Bankman-Fried and Gary Wang and, at its peak in July 2021, had over one million users and was the third-largest cryptocurrency exchange by volume. FTX is incorporated in Antigua and Barbuda and headquartered in the Bahamas. FTX is closely associated with FTX.US, a separate exchange available to US residents.

Grayscale Investments is an American digital currency asset management company and subsidiary of Digital Currency Group founded in 2013 and based in Stamford, Connecticut

References

  1. ↑ "BROOKm.BK - Brooker Group PCL | Stock Price & Latest News | Reuters". www.reuters.com. Retrieved 2022-10-08.
  2. 1 2 "Bitcoin Treasuries | 59 Biggest Companies Holding (Public/Priv)". buybitcoinworldwide.com. Retrieved 2022-10-08.
  3. ↑ "Brooker Group | Company Overview & News". Forbes. Retrieved 2022-10-08.
  4. ↑ "Shareholder Information". The Brooker Group PLC. Retrieved 2022-10-08.
  5. ↑ "The Brooker Group - CypherHunter". www.cypherhunter.com. Retrieved 2022-10-08.
  6. ↑ "Brooker Group | Company Overview & News". Forbes. Retrieved 2022-10-08.
  7. ↑ "Leadership Insight: 5 Questions with Chan Bulakul". Business Insider. Retrieved 2022-10-25.
  8. ↑ "Thai Asset Management Firm Bets Big on DeFi and dApps". finance.yahoo.com. Retrieved 2022-02-05.
  9. ↑ "BROOK cryptocurrency filing a first". Bangkok Post. Retrieved 2022-02-05.
  10. ↑ Angchin, Kraisorn. "Thailand's Brooker Group to invest US$48M into Binance, Uniswap, other DeFi projects – Trending News Asia" . Retrieved 2022-02-05.
  11. ↑ MarketScreener. "Brooker Public : Investment in Binance Labs Investment Fund of Binance Labs | MarketScreener". www.marketscreener.com. Retrieved 2022-10-08.
  12. ↑ "Brooker Group investment into Binance Labs".
  13. ↑ "2022- BROOK announces investment in Binance Labs Investment Fund worth 340 million baht to create use cases and drive Web3 - Magazine, Healty And Sport News". 2022-06-03. Retrieved 2022-10-08.
  14. ↑ "@BrookNFT's Profile | Binance NFT". www.binance.com. Retrieved 2022-10-09.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.