According to Bloomberg, Jirayut Srupsrisopa, CEO of Bitkub Capital Group Holdings, Thailand’s largest cryptocurrency exchange, said in an interview on Monday that the company plans to conduct an initial public offering (IPO) in 2025. Jirayut said Bitkub plans to list on the Stock Exchange of Thailand to enhance the company's image and raise funds. He added that Bitkub is hiring financial advisors for the listing.
Previously, Bitkub had stated in a shareholder letter that it planned to conduct an IPO in Thailand in 2023, but did not specify the target time frame.
