btc
Bitcoin (BTC)
$82,165.00 -2.61%
Bitcoin price
eth
Ethereum (ETH)
$1,876.81 -3.42%
Ethereum price
bnb
BNB (BNB)
$599.43 -2.79%
BNB price
sol
Solana (SOL)
$125.87 -7.15%
Solana price
xrp
XRP (XRP)
$2.30 -4.4%
XRP price
shib
Shiba Inu (SHIB)
$0.0000131 2.13%
Shiba Inu price
pepe
Pepe (PEPE)
$0.0000065 -8.94%
Pepe price
bonk
Bonk (BONK)
$0.0000103 -6.71%
Bonk price
wif
dogwifhat (WIF)
$0.46 -7.55%
dogwifhat price
popcat
Popcat (POPCAT)
$0.18 -8.42%
Popcat price
btc
Bitcoin (BTC)
$82,165.00 -2.61%
Bitcoin price
eth
Ethereum (ETH)
$1,876.81 -3.42%
Ethereum price
bnb
BNB (BNB)
$599.43 -2.79%
BNB price
sol
Solana (SOL)
$125.87 -7.15%
Solana price
xrp
XRP (XRP)
$2.30 -4.4%
XRP price
shib
Shiba Inu (SHIB)
$0.0000131 2.13%
Shiba Inu price
pepe
Pepe (PEPE)
$0.0000065 -8.94%
Pepe price
bonk
Bonk (BONK)
$0.0000103 -6.71%
Bonk price
wif
dogwifhat (WIF)
$0.46 -7.55%
dogwifhat price
popcat
Popcat (POPCAT)
$0.18 -8.42%
Popcat price
btc
Bitcoin (BTC)
$82,165.00 -2.61%
Bitcoin price
eth
Ethereum (ETH)
$1,876.81 -3.42%
Ethereum price
bnb
BNB (BNB)
$599.43 -2.79%
BNB price
sol
Solana (SOL)
$125.87 -7.15%
Solana price
xrp
XRP (XRP)
$2.30 -4.4%
XRP price
shib
Shiba Inu (SHIB)
$0.0000131 2.13%
Shiba Inu price
pepe
Pepe (PEPE)
$0.0000065 -8.94%
Pepe price
bonk
Bonk (BONK)
$0.0000103 -6.71%
Bonk price
wif
dogwifhat (WIF)
$0.46 -7.55%
dogwifhat price
popcat
Popcat (POPCAT)
$0.18 -8.42%
Popcat price

Thailand’s crypto exchange Bitkub eyes IPO in 2025

Dorian Batycka
Edited by
News
Thailand’s crypto exchange Bitkub eyes IPO in 2025

Thailand’s biggest crypto exchange Bitkub is hiring advisers to go public on the Stock Exchange of Thailand next year.

Bitkub Capital Group Holdings, the owner of Thailand‘s largest crypto exchange by trading volume Bitkub, has started hiring advisors for its initial public offering (IPO) on the Stock Exchange of Thailand in 2025, Bloomberg reports, citing the exchange’s head Jirayut Srupsrisopa.

In an interview on Apr. 1, the Bitkub CEO said that the company wants to boost its profile and secure additional capital through the IPO. The decision to go public comes after the exchange said in a 2023 shareholder letter that it had witnessed a rebound in trading volume in Q4 2023 from the 2022 crypto winter, as its trade volume in December 2023 doubled that of December 2022.

Last year, Bitkub sold a 9.2% stake in Bitkub Online Co. to Asphere Innovations Pcl for $16.5 million. Srupsrisopa anticipates an increase in the valuation of Bitkub Online, with trading volumes on the platform nearing levels observed in 2021.

Despite undergoing layoffs in 2022 and 2023, Bitkub aims to expand its workforce to 3,000 employees by 2025, up from the current 2,000. Established in February 2018, Bitkub has established dominance in the Thailand crypto exchange market, capturing a 75.4% share in 2023, according to data from CoinGecko.

Read more about

Rexas Finance Presale

  • RWA Ecosystem
  • Certik Audited
  • Raised Above $35,000,000
  • 40,000+ Holders
  • 100,000+ Community