Thai Crypto Exchange Bitkub Weighs Hong Kong IPO: Report
Thailand's largest crypto exchange, Bitkub, is reportedly considering a Hong Kong IPO to raise about $200 million next year.Summary
Thailand-based digital assets exchange Bitkub is reportedly considering an initial public offering (IPO) in Hong Kong, aiming to raise approximately $200 million, possibly next year. Sources familiar with the matter indicated that discussions are ongoing, and details remain subject to change. Bitkub had previously explored a domestic IPO in Thailand, but this plan was hampered by the poor performance of the Thai stock market, which has seen significant declines in 2025. Bitkub is currently Thailand's largest cryptocurrency exchange, boasting a 24-hour trading volume of $60.75 million. The move towards Hong Kong aligns with the region's efforts to establish itself as a digital asset hub, supported by clear regulatory guidance from the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA).
(Source：CoinDesk)