TrueMoney’s US-share offering combines Webull Thailand with DriveWealth
The wallet route offers fractional investing from 30 baht. TrueMoney supplies distribution, Webull the Thai investment service and DriveWealth US-market infrastructure.
The companies, products and regulatory developments shaping the broker industry.
The wallet route offers fractional investing from 30 baht. TrueMoney supplies distribution, Webull the Thai investment service and DriveWealth US-market infrastructure.
The draft places referral contracts, permitted activities and ongoing supervision in one framework. Volume-linked remuneration remains possible, making the quality of customer outcomes central to the commercial model.
The framework effective from 16 October creates work for asset managers, custodians and securities firms. Domestic fund access expands while broker loans for ETF purchases and some routes into foreign products remain restricted.
The 20 October announcement links Bitget to a buyer named in GMO’s September filing. The proposed deal offers a locally licensed operating base, with the target’s losses showing the commercial work behind that expansion.