Velo, a Thailand-based Web3+ Ecosystem Velo (including subsidiaries), is partnering with PTL Holding Co. Ltd, an investment holding company headquartered in Laos PDR, to combine its digital finance prowess with PTLH’s industrial might, propelling Laos into a new era of economic growth and digital innovation.
The strategic partnership emphasizes Laos’s progressive stance in the global financial landscape, aligning its vision with innovative nations. The signed MOU is a concrete commitment to the joint integration of advanced digital financial solutions, bringing Laos to the forefront of digital finance adoption.
Velo stands as a trailblazer in the digital finance realm, championing inclusive and efficient financial solutions through its Web3+ Ecosystem. With a commitment to revolutionizing the way people engage with finance, Velo brings cutting-edge technology to the masses, fostering financial inclusion and accessibility to all.
PTL Holding Co. Ltd (PTLH) is as a prominent player in Laos’ industrial landscape, steering economic development through its subsidiaries. PTLH is also a prominent industrial conglomerate based in Laos, with a diversified portfolio across various sectors.
The company, in collaboration with its banking affiliate, plays a pivotal role in driving economic growth within Laos. Notably, PTLH is recognized for its significant contributions to the commodities sector, particularly in oil & gas operations.
The company said in a statement that the collaboration signifies the Lao PDR’s proactive steps toward embracing next-generation finance leveraging blockchain technology, strategically aligning its trajectory with forward-thinking nations.
From this partnership, Velo, PTLH and Laos nation are committed to realizing the potential of advanced digital financial solutions, setting the stage for a digital economy that empowers citizens and fuels economic growth.
