{"id":275524,"date":"2024-04-01T23:44:17","date_gmt":"2024-04-01T18:14:17","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=275524"},"modified":"2024-04-01T23:44:17","modified_gmt":"2024-04-01T18:14:17","slug":"thai-exchange-bitkub-plans-2025-ipo-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/thai-exchange-bitkub-plans-2025-ipo-crypto-news\/","title":{"rendered":"Thai exchange Bitkub plans 2025 IPO &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Thailand cryptocurrency exchange Bitkub is gearing up for a 2025 initial public offering (IPO) on the Stock Exchange of Thailand. <\/p>\n<p>In an interview with <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-04-01\/thailand-s-biggest-crypto-exchange-hiring-advisers-for-2025-ipo?sref=IIP4JEyu\">Bloomberg<\/a>, Bitkub Capital Group Holdings\u2019 CEO, Jirayut Srupsrisopa, unveiled his company\u2019s intention to enhance its competitive edge in a market shared with rivals such as Binance and Kasikornbank. <\/p>\n<p>The IPO, which was first alluded to in a 2023 shareholder letter, is progressing as Bitkub seeks financial advisors to navigate the listing process. <\/p>\n<p>With a commanding <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/medium.com\/hashkey-capital-insights\/market-watchlist-thailands-blockchain-landscape-2023-2f9611461f63\">77% share<\/a> of the Thai market, Bitkub is planning to double its 2,000-person workforce by the time of the IPO. <\/p>\n<p>This growth trajectory follows a recent downsizing period, during which the company reduced its staff by 6%.<\/p>\n<p>Thailand\u2019s cryptocurrency market is experiencing a boom, active trading accounts number reaching a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.sec.or.th\/TH\/PublishingImages\/Pages\/WeeklyReport\/DAWeeklyReport20240329.jpg\">new peak<\/a> since September 2022. <\/p>\n<p>The Thai SEC has recently announced policy changes such as easing investment restrictions for certain digital tokens, along with the Finance Ministry\u2019s tax exemption on digital asset trading.<\/p>\n<p>\n<span class=\"post-views-icon dashicons dashicons-chart-bar\" \/> <span class=\"post-views-label\">Post Views:<\/span> <span class=\"post-views-count\">70<\/span>\n<\/p>\n<\/div>\n<p>\t\t!function(f,b,e,v,n,t,s)<br \/>\n\t\t{if(f.fbq)return;n=f.fbq=function(){n.callMethod?<br \/>\n\t\tn.callMethod.apply(n,arguments):n.queue.push(arguments)};<br \/>\n\t\tif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=&#8217;2.0&#8242;;<br \/>\n\t\tn.queue=[];t=b.createElement(e);t.async=!0;<br \/>\n\t\tt.src=v;s=b.getElementsByTagName(e)[0];<br \/>\n\t\ts.parentNode.insertBefore(t,s)}(window, document,&#8217;script&#8217;,<br \/>\n\t\t&#8216;https:\/\/connect.facebook.net\/en_US\/fbevents.js&#8217;);<br \/>\n\t\tfbq(&#8216;init&#8217;, &#8216;1890501017821908&#8217;);<br \/>\n\t\tfbq(&#8216;track&#8217;, &#8216;PageView&#8217;);<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thailand cryptocurrency exchange Bitkub is gearing up for a 2025 initial public offering (IPO) on the Stock Exchange of Thailand. In an interview with Bloomberg, Bitkub Capital Group Holdings\u2019 CEO, Jirayut Srupsrisopa, unveiled his company\u2019s intention to enhance its competitive edge in a market shared with rivals such as Binance and Kasikornbank. The IPO, which [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":81255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-275524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/275524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=275524"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/275524\/revisions"}],"predecessor-version":[{"id":275526,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/275524\/revisions\/275526"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/81255"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=275524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=275524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=275524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}