The Nikkei Asia website reported on an interview with Mr. Jirayut Srupsrisopa, the CEO and founder of Bitkub, revealing that the Bitkub Capital group has plans to take the company public by 2025, targeting the Thai stock market. As for the dual listing in Hong Kong and the United States, that is a future consideration.
Regarding market expansion plans, Mr. Jirayut sees potential in the ASEAN region for the development of digital asset trading in countries like Cambodia, Vietnam, and Laos, aiming to strengthen their market leadership in the region. However, Indonesia and the Philippines are not on the investment radar due to the presence of major players like Indodax and Tokocrypt in Indonesia, and Coins.ph in the Philippines.
Mr. Jirayut mentioned that Bitkub currently holds a 95% market share for digital asset trading volume in Thailand, compliant with local laws.
Source: Nikkei Asia
TLDR: Bitkub’s CEO plans to take the company public by 2025, focusing on the Thai stock market and considering market expansion in the ASEAN region while maintaining a dominant position in Thailand’s digital asset trading market.
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