Thailand’s Bitkub Eyes $200 Million Initial Public Offering (IPO) In Hong Kong

Bitkub, Thailand’s top cryptocurrency exchange, is considering a $200 million initial public offering in Hong Kong as early as 2026. This strategic shift highlights both the challenges facing Thai capital markets and Hong Kong’s emergence as a digital asset hub. From Bangkok to Hong Kong: Bitkub‘s Strategic Pivot According to reports from Bloomberg, Bitkub had originally planned a domestic listing, as mentioned in a 2023 shareholder letter. By April 2024, it was in the process of hiring financial advisers for a 2025 IPO on the Stock Exchange of Thailand source: https://beincrypto.com/bitkub-hong-kong-ipo-crypto/