Thailand’s Bitkub laying the ground for its IPO
Bitkub, Thailand’s top crypto exchange, plans IPO in 2025 to boost its profile and raise funds. IPO preparation includes hiring advisors. Bitkub eyes global expansion amidst rising competition & regulatory scrutiny. Bitkub Capital Group Holdings, the parent company of Bitkub Online, Thailand’s largest cryptocurrency exchange, is laying the groundwork for a monumental step forward — their Initial Public Offering ( IPO ) slated for 2025. CEO Jirayut Srupsrisopa, also known as Topp, has indicated that the IPO aims to elevate Bitkub’s presence and secure vital funding for future endeavours. Bitkub is currently in the process of enlisting financial advisors to facilitate the IPO listing, reflecting a strategic move towards enhancing its market standing amidst intensifying competition. Bitkub Online, the exchange platform, is valued at approximately $165 million, a figure expected to surge as trading volumes surpass previous records...