Velo Labs Acquires Asian Company SABUY – Orbit Soon!

Velo Labs Acquires Asian Company SABUY – Orbit Soon!

V lab’s sister company lightnet has just
acquired a 40% stake in another company
called sa by and once I unpacked this I
realized that this is actually an
absolutely massive deal especially when
you consider the timing of this
acquisition and orbit So today we’re
going to unpack this acquisition and why
I think it’s super bullish for V
a
spot got a okay guys so in a previous
video on V we highlighted exactly how
and why lightnet is in fact the sister
company of V lab so let’s go ahead and
roll that clip now going over to Vel
which is a protocol powered by the token
Vel they have co-founders who are the
same co-founders as lightnet and
lightnet and V are sister companies
they’re they use each other’s technology
they’re two sides of the same coin so
now that we’ve established that lightnet
is V and Vell is lightnet two sides of
the same coin we’re going to go over and
look at this recent announcement super
bullish made by V themselves so here we
are on their official Twitter X they say
just yesterday big moves in fintech
lightnet spear spearheaded by chachal
jaran who is a part of the CP group
family is set to hold shares amounting
to a commanding
4.38% stake in sa technology through a
private placement which is currently
listed on the Thailand stock exchange
with a market cap of over a 100 million
solid emerging as its largest
shareholder through a strategic move
this is very strategic and this next
part highlights why it says this
partnership not only positions lightnet
strongly but also grants access to 150
million digital wallets and I mean how
many times have we talked about digital
Wallets on this channel digital wallets
is the killer app of blockchain if you
if you want to learn more about that we
have a video called the web3 wallet
blockchain’s biggest secret go check
that out Linked In the description it
says so not only do they have access
over to 150 million wallets through this
acquisition but also over
50,000 POS devices POS is point of sale
so you know the registers so 50,000
registers 150 million digital wallets
all across southeast Asia and why this
is bullish is we can just add this to um
if you remember from our previous video
this graphic here how CP group who is
backing V they already have access to
all of the 7-Eleven so that’s about
13,000 retail stores another 20,000
stores in Japan 33,000 grocery stores
and they already hold a 40 7% stake in
true corporation which is a media
Powerhouse serving about 33 million
mobile users so that was already bullish
enough but through this
acquisition we can just add to that
already massive um Market that V has
access to now so it goes on to say
Beyond this liet’s affiliation with v
links saai a leading web 2 wallet with
orbit a pioneering web 3 wallet so
they’re going to merge web two and web
three it’s going to be a seamless
integration so all the people who
already have the web two wallets it’s
just going to maybe there’ll be a little
update but there’s going to be an
interface so a little update boom boom
takes 30 seconds a minute and then now
you have a web three wallet massive deal
this is real world utility happening now
it says this collaboration between orbit
and subi will enhance accessibility and
create seamless experiences pushing the
boundaries of financial inclusion at
Tech Innovation across southeast Asia
watch this space for ground bre
groundbreaking
developments etc etc so I want to take
you guys over to the saai website and
the first thing I noticed right off the
bat is the colors of their logo right
these colors what company do they remind
you of I mean pretty obvious these are
the same exact colors as Google so who
knows you know just just noteworthy now
a lot of this website is is in a
language I do not speak yet
um but I looked through this website
super bullish um look you can see
payments and wallets Financial inclusion
Enterprise connect let’s see what they
got down here they have their quarterly
reports um you guys are super smart so I
highly recommend you unpack all of this
I mean like I said half of this website
is not in English
um let’s see if we can see anything
super note Worthy on
here um let’s see let’s go about us how
about that about
us so saai technology public Company
Limited inaugurated by Thai owners
started business with online topup
machines afterward this the company
keeps expanding business Fields with an
objective to be the fintech leader in
Thailand um it’s continually growing o
they got a nice little video oh that
this I watch this it’s not in English
um but they’re all over the place over
there in Southeast Asia so super super
bullish now I also want to go over to
vel’s own blog
um and see how their sister companies
even though V themselves didn’t make
this acquisition their partner lightnet
did and V is the one to announce it
because two sides of the same coin same
Founders all that good stuff um let’s
see
it has a lot of details about the
acquisition you know how much shares all
blah blah
blah how about this part right here it
says in addition to previous details
sab’s strategic positioning within
Thailand’s Tech landscape is further
emphasized by its ability to meet both
demand and Supply needs in the market on
the demand side Sabi caters to vast user
base including 150 million users from
web to digital wallet Enterprises like
buzzy bees and millions of users from
crypto exchanges like bit Cub this
highlights sa’s pivotal role in
facilitating digital transaction
financial services for a substantial
portion of Southeast Asia so as if they
as if V and lightnet didn’t already have
a large market share through coin uh CP
group rather this just adds to that list
um and I think this is super bullish
because as we know um V is rolling out
orbit their Flagship web 3 wallet any
day now so this is no coincidence we
also see binance we can prove this on
chain binance has been acquiring the
Vell token so they’re they’re
positioning themselves if you’re paying
attention they’re making a lot of noise
so I think launch time into orbit is
coming very soon thank you guys for
watching drop a like drop a comment see
you on the next one

Breaking News: Velo Labs’ Sister Company Lightnet Acquires 40% of SABUY: What This Means for the Launch of Orbit Web3 Digital Wallet

Welcome back to Crypto Canvas! In this electrifying video, we delve into the latest development in the digital finance space as Velo Labs’ sister company, Lightnet, announces the acquisition of 40% stake in SABUY, a web2 digital wallet giant in Southeast Asia. Join us as we unravel the implications of this strategic move on the upcoming launch of Velo’s Orbit web3 digital wallet and explore the synergies between these innovative platforms.

Key Highlights:

Lightnet’s Acquisition of SABUY:
Dive into the details of Lightnet’s strategic acquisition of a significant stake in SABUY, a prominent player in the web2 digital wallet space in Southeast Asia. Explore the motivations behind this move and the strategic advantages it brings to Lightnet and its ecosystem.
Velo Labs and Lightnet: Sister Companies Unite:
Discover the close relationship between Velo Labs and Lightnet as sister companies within the same ecosystem. Learn how this acquisition aligns with Velo Labs’ mission to revolutionize digital finance through its upcoming Orbit web3 digital wallet and how it strengthens the overall ecosystem.
Implications for Orbit Web3 Digital Wallet:
Explore the potential impact of Lightnet’s acquisition of SABUY on the launch and adoption of Velo’s Orbit web3 digital wallet. Speculate on how the integration of SABUY’s user base and expertise could enhance the functionality, accessibility, and user experience of Orbit.
Synergies and Opportunities:
Reflect on the synergies between Velo Labs, Lightnet, and SABUY as they collaborate to drive innovation and financial inclusion in Southeast Asia and beyond. Consider the opportunities for cross-platform integration, ecosystem growth, and partnership expansion in the digital finance space.

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