Gulf Labs partners with Injective to expand onchain finance in Thailand

Gulf Labs, a subsidiary of Thailand’s $27 billion GULF Group, has entered a strategic partnership with the Injective blockchain to expand onchain financial services. As part of this collaboration, Gulf Labs has officially begun operating as an institutional validator on the Injective network, a role that involves verifying transactions, maintaining network security, and participating in governance.

The partnership aims to build infrastructure for institutional-grade onchain finance in Thailand and across Asia. Key areas of cooperation include the development of tokenization, stablecoins, enterprise distribution, and the integration of blockchain with AI and data center infrastructure. This move connects Injective to the broader GULF ecosystem, which includes energy, telecommunications, banking, and cloud services.