New Stock News | Thailand's cryptocurrency exchange Bitkub is considering a Hong Kong listing, raising approximately $200 million in funding.

According to media reports, the Thai cryptocurrency exchange Bitkub is evaluating the possibility of conducting its initial public offering (IPO) in Hong Kong. Sources revealed that Bitkub could potentially be listed in Hong Kong as early as next year, raising approximately $200 million. The company has engaged in preliminary discussions with advisors regarding its listing plans, but discussions are still ongoing and specific details may change. It is understood that Bitkub had considered a local listing in Thailand, but due to the weak performance of the Thai stock market, the IPO plan was ultimately not launched. Bitkub has yet to respond to requests for comments. Public information shows that Bitkub was founded in 2018 and is authorized by the Securities and Exchange Commission of Thailand (SEC) to operate. Headquartered in Bangkok, Thailand, Bitkub is the largest cryptocurrency exchange in Thailand. Bitkub is dedicated to providing secure and convenient cryptocurrency trading services, supporting direct exchanges between mainstream digital currencies such as Bitcoin, Ethereum, and the Thai Baht. Furthermore, Bitkub's reevaluation of its listing location aligns with Hong Kong's active efforts to establish itself as a "digital asset center" in Asia. On June 26, 2025, the Hong Kong Special Administrative Region Government released the "Hong Kong Digital Asset Development Policy Declaration 2.0", showcasing its ambition to become a leading global digital asset center. Reports indicate that Bitkub listing in Hong Kong could enhance the city's position as a digital asset center.