- Accelerating Digital Talent development to support market growth and establish Thailand as a regional digital asset hub
BINANCE TH by Gulf Binance, a leading digital asset trading platform regulated under the Securities and Exchange Commission (SEC), in partnership with Gulf Development Public Company Limited (SET: GULF), signed a Memorandum of Understanding (MOU) with Kasetsart University, through the Faculty of Science, to enhance professional skill development, create specialized curricula and implement comprehensive program to support the expansion of Thailand’s digital asset industry, while laying the foundation for Thailand to become ASEAN’s Digital Asset Hub.
Thailand’s Digital Asset Market Demonstrates Exponential Growth in Web3 Era
Data from the Securities and Exchange Commission of Thailand (SEC) summarizing the digital asset market for November 2025 shows that the Thai digital asset market had a value of approximately 85.8 billion baht, with an average daily trading value of 2.88 billion baht and 208,000 active accounts. This reflects the continuous growth trend and investor confidence, resulting in significantly increased demand for professionals with expertise in blockchain technology and digital assets.
This growth aligns with the Future of Jobs Report from the World Economic Forum, which indicates that over 50% of workers need to reskill to keep pace with evolving career trends. The report highlights that skills in AI and Big Data, analytical and creative thinking, technology, and cybersecurity, as well as lifelong learning and adaptability capabilities, will be in high demand during 2025-2030. Correspondingly, Thailand is experiencing robust demand for digital talent, ranging from software engineers and data analysts to AI developers, and blockchain technology specialists as well as cybersecurity experts.
Mr. Sarath Ratanavadi, Chief Executive Officer of GULF, stated, “GULF places great importance on the growth of the digital economy. Blockchain technology will create major transformations in our long-term strategies to drive the country’s digital economy across all industries. To truly realize these initiatives, the crucial element is having qualified personnel. Our goal is to elevate Thailand as a leading blockchain technology hub in the region. This collaboration will help create skilled professionals and attract foreign investment.
Our partnership with Kasetsart University and BINANCE TH also creates a comprehensive ecosystem spanning talent development, innovation creation, and commercial technology applications. This collaboration represents not merely an investment in education, but a strategic investment in Thailand’s future.”
Mr. Nirun Fuwattananukul, CFA, Chief Executive Officer of Gulf Binance (BINANCE TH), commented, “Thailand’s digital asset market is expanding rapidly. As the country’s leading digital asset trading platform built on world-class technology, we see a continuously increasing demand for personnel with deep knowledge in both blockchain technology and practical applications, especially as when the market expands alongside regulatory development.
The MOU with Kasetsart University marks a significant milestone in developing curricula that integrate theoretical knowledge with practical industry experience, preparing professionals for the future of our industry. The focus will be on content related to blockchain technology, digital assets, digital finance, and relevant regulations, ensuring Thai students achieve internationally comparable knowledge. We believe this collaboration will elevate standards for digital asset industry professionals in Thailand.”
“Our BINANCE TH Academy team has been continuously delivering blockchain technology and digital assets education to educational institutions and organizations nationwide. This collaboration with Kasetsart University will formalize and expand access to digital asset education while establishing recognized educational standards within Thailand’s academic system. This initiative will sustainably enhance Thai professionals’ capabilities for the digital economy’s future,” Mr. Nirun added.
Dr. Damrong Sripraram, Acting President of Kasetsart University, stated, “Kasetsart University is honored to participate in driving professional development in blockchain technology and digital assets, one of the cutting-edge technologies set to transform the world. As an educational institution with extensive experience in producing quality talent for the country, we are committed to collaborating with private sector partners to develop curricula that address industry requirements in the digital age by integrating academic expertise with real-world industry practitioners.
Our curriculum will incorporate comprehensive content on Blockchain, Cryptocurrency, NFTs, and Digital Assets – essential knowledge areas for Web3 readiness. We aim to produce no fewer than 1,000 graduates in digital technology and blockchain annually, which aligns with our university management policy of becoming a ‘Smart University’ and adapting to the Thailand 4.0 initiative, while supporting the national digital talent development strategy.
Our collaboration with GULF and BINANCE TH will enable our students to acquire up-to-date knowledge and direct experience from industry experts, not only in theory but also in practical business applications and regulatory compliance. We believe this collaboration will produce quality graduates ready to serve as a significant force in enhancing Thailand’s competitiveness on the world stage and help Thailand advance toward becoming a blockchain technology hub in the ASEAN region in a sustainable manner.” Dr. Damrong added.
Strategic Curriculum and Program Framework
Under this collaboration agreement, all three parties will jointly develop curricula covering the following core areas:
- Blockchain Technology and Applications – Comprehensive theoretical foundation and hands-on development of blockchain solutions
- Digital Finance and Digital Assets – Advanced training in investment strategies, trading methodologies, and portfolio management
- Legal and Regulatory Compliance – Comprehensive understanding of regulations governing digital assets in Thailand
- Cybersecurity – Advanced security protocols and risk management for digital asset systems
- Innovation Development – Fin technology innovation and emerging financial technologies
Additionally, the program includes training workshops, industry mentorship sessions with experts, and structured internship opportunities across partner organizations, designed to provide diverse career pathways in the Web3 ecosystem.
Former Binance CEO Changpeng ‘CZ’ Zhao says, “We believe that education is the foundation of innovation and financial inclusion. Our partnership with GULF and Kasetsart University to educating 1,000 students on blockchain and cryptocurrency marks a significant step toward empowering Thailand’s next generation with the knowledge and skills needed to thrive in the digital economy.
Thailand has a rapidly growing blockchain ecosystem, and equipping young minds with a deep understanding of crypto technology will help drive responsible adoption, entrepreneurship, and long-term economic growth. This initiative not only supports the local talent pipeline but also strengthens the global crypto industry by fostering a well-informed community of future leaders, developers, and innovators.
We are proud to collaborate on this strategic effort and remain committed to making blockchain education accessible to all, ensuring that Thailand plays a key role in shaping the future of Web3.”
The three-year collaboration, commencing from the signing date, establishes a comprehensive framework for developing cutting-edge curricula and programs focused on blockchain technology and digital assets. This initiative aligns with the government’s strategic vision to establish Thailand as ASEAN’s Digital Asset Hub, and the number of users in the Digital Assets market in ASEAN is projected to reach 108.79 m users by 2026.
