BTCC / BTCC Square / Global Cryptocurrency /
Bitkub Eyes $200M Hong Kong IPO as Thai Market Weakens

Bitkub Eyes $200M Hong Kong IPO as Thai Market Weakens

Published:
2025-11-24 12:37:01
21
1
BTCCSquare news:

Thailand's Bitkub Capital Group is preparing for a potential $200 million Hong Kong IPO as early as 2026, with sources indicating preparations could accelerate to 2025. The MOVE comes as Thailand's SET Index underperforms regional peers, dropping 10% this year amid a 12% decline in new listings.

Hong Kong's aggressive crypto regulatory reforms appear timed to attract listings like Bitkub's. The city has licensed crypto exchanges and is expanding market access - Securities and Futures Commission CEO Julia Leung hinted at future provisions for global liquidity pool access. First-time Hong Kong listings may surpass $40 billion in 2025, creating an opportune window.

The Thai exchange's pivot mirrors Southeast Asia's shifting crypto landscape. While Bangkok tightens oversight, Hong Kong is positioning as Asia's digital asset gateway - approving spot crypto ETFs and now courting foreign listings. Bitkub's potential debut WOULD test appetite for crypto-adjacent equities after 2024's mixed public market performance.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.