Bitkub Eyes $200M IPO Abroad Amid Thai Market Slump

[AIcash]

Thailand’s largest crypto exchange, Bitkub, is reportedly exploring an IPO in Hong Kong to raise $200 million. The move comes after a stalled domestic IPO plan due to volatility in Thailand’s stock market, which hit a five-year low in 2025.

[Abdul Khan]

A $200M target shows Bitkub still has big ambitions despite local pressure.

[Nahid Hossen]

Going abroad might be the smartest move during a domestic downturn.