Crypto bank AMINA gets Hong Kong license to launch institutional trading

Thai crypto exchange Bitkub is considering an initial public offering (IPO) in Hong Kong, aiming to raise approximately $200 million. This move reflects the company's strategy to expand its operations and capitalize on the growing interest in cryptocurrency markets.

Bitkub, a Thai cryptocurrency exchange, is reportedly planning to pursue an initial public offering (IPO) in Hong Kong to raise approximately $200 million, as Thailand's markets face significant downturns, hitting five-year lows. This strategic shift highlights the challenges within the Thai market and the potential for growth in more favorable environments.

Thai cryptocurrency exchange Bitkub is reportedly considering an initial public offering (IPO) in Hong Kong, aiming to raise approximately $200 million. This decision comes amid significant downturns in Thailand's markets, which have hit five-year lows, prompting the company to seek new opportunities for growth and expansion.