Thai Cryptocurrency Exchange Bitkub Considers Listing in Hong Kong
Thai cryptocurrency exchange Bitkub is considering a major move by exploring an initial public offering in Hong Kong. The Bangkok-based exchange, founded in 2018, is one of Thailand’s leading crypto platforms. This decision comes as Thailand’s stock market faces challenges that make a domestic listing less attractive. The Thai stock market has struggled in 2025, with the SET Index dropping around 10 percent and newly listed companies seeing average declines of over 12 percent. These conditions have reduced the appeal of local IPOs, prompting Bitkub to look abroad for better opportunities. By choosing Hong Kong, the exchange hopes to gain…