Bitkub Targets $200 Million Hong Kong IPO by 2026 - Crypto Exchange Goes Mainstream

Thailand's crypto giant makes bold move toward public markets as digital assets gain institutional acceptance.

The Asian Crypto Power Play

Bitkub's planned $200 million Hong Kong listing signals a seismic shift in traditional finance's embrace of digital assets. The 2026 timeline gives regulators just enough time to pretend they understand blockchain technology while investors scramble for position.

Gateway to Global Capital

Hong Kong's evolving crypto framework positions Bitkub perfectly for international expansion. The exchange bypasses traditional banking gatekeepers, tapping directly into Asian liquidity pools hungry for digital exposure.

Regulatory Chess Match

Watch how quickly Wall Street banks suddenly discover their "long-standing belief" in cryptocurrency once they smell IPO fees. The same institutions that called crypto a scam now race to underwrite its leaders.

Bitkub's $200 million gambit proves crypto winter has thawed - and the spring of public markets awaits.

China Continues to Purchase Gold

Gold’s broad spectrum rally this year has taken the markets by sweet surprise. Gold continues to bank on the leading SAFE haven trend, inviting flocks of investors to hoard the asset. This trend has been magnified by China, which continues to accumulate gold obsessively. In the recent post by the Kobeissi letter, China continues to purchase gold, ending up buying 15 tonnes of gold in September, more than what Goldman Sachs estimated in terms of stats and valuation.

In April, the nation ended up purchasing 27 tonnes of gold, which was 13 times more than the amount that was reported. Moreover, official numbers are now showing how China has acquired another 0.9 tonnes of gold, with its total value now stable at 2304.5 tonnes.

KL later shared how the nation is estimated to be holding nearly 240 tonnes of physical gold, shocking the markets in a grand manner.

China continues to quietly acquire gold:

China purchased +15 tonnes of gold in September, or ~10 times more than officially reported by the central bank, according to Goldman Sachs estimates.

Similarly, in April, estimated purchases reached +27 tonnes of gold, or 13 times more… pic.twitter.com/MxxtgjH3vg

Gold Price Prediction: What’s Next for the Asset

The price of gold is now in the $5K range, with experts like Rashad Hajiyev stating how gold is on track to hit above mentioned price range in no time.

Gold slowly but steadily grinding higher allowing miners to catch up. I believe, the next impulsive wave could take gold to $5k with little effort… pic.twitter.com/I6UYz08BJ1