bitcoin
Bitcoin (BTC) $ 63,949.13
ethereum
Ethereum (ETH) $ 3,053.96
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 556.53
xrp
XRP (XRP) $ 0.513543
cardano
Cardano (ADA) $ 0.478045
usd-coin
USDC (USDC) $ 1.00
matic-network
Polygon (MATIC) $ 0.678487
binance-usd
BUSD (BUSD) $ 0.999935
dogecoin
Dogecoin (DOGE) $ 0.15532
okb
OKB (OKB) $ 54.74
polkadot
Polkadot (DOT) $ 6.73
shiba-inu
Shiba Inu (SHIB) $ 0.000023
tron
TRON (TRX) $ 0.109649
uniswap
Uniswap (UNI) $ 7.58
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 63,963.14
dai
Dai (DAI) $ 0.999814
litecoin
Litecoin (LTC) $ 81.99
staked-ether
Lido Staked Ether (STETH) $ 3,051.58
solana
Solana (SOL) $ 142.46
avalanche-2
Avalanche (AVAX) $ 35.13
chainlink
Chainlink (LINK) $ 13.96
cosmos
Cosmos Hub (ATOM) $ 8.22
the-open-network
Toncoin (TON) $ 6.07
ethereum-classic
Ethereum Classic (ETC) $ 26.24
leo-token
LEO Token (LEO) $ 5.77
filecoin
Filecoin (FIL) $ 6.19
bitcoin-cash
Bitcoin Cash (BCH) $ 477.32
monero
Monero (XMR) $ 117.33
bitcoin
Bitcoin (BTC) $ 63,949.13
ethereum
Ethereum (ETH) $ 3,053.96
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 556.53
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.513543
binance-usd
BUSD (BUSD) $ 0.999935
dogecoin
Dogecoin (DOGE) $ 0.15532
cardano
Cardano (ADA) $ 0.478045
solana
Solana (SOL) $ 142.46
matic-network
Polygon (MATIC) $ 0.678487
polkadot
Polkadot (DOT) $ 6.73
tron
TRON (TRX) $ 0.109649

Thai Crypto Alternate Bitkub Plans 2025 IPO: Bloomberg

Must Read

Bitkub Capital, the proprietor of crypto trade Bitkub On-line, plans to promote shares to the general public subsequent yr.

The IPO is predicted to worth the trade at about 6 billion baht ($165 million), CEO Jirayut Srupsrisopa instructed Bloomberg.

The proprietor of Thai crypto trade Bitkub On-line plans to promote shares to the general public subsequent yr and is within the means of hiring monetary advisers, Bitkub Capital Group CEO Jirayut Srupsrisopa instructed Bloomberg.

Thailand’s greatest crypto trade offers about 80% of the Bangkok-based guardian’s revenue and is 9.2% owned by Asphere Improvements. The preliminary public providing (IPO) is predicted to worth the trade at round 6 billion baht ($165 million), Jirayut stated. Bitkub Capital had signaled its intention to promote shares to the general public in a 2023 letter to shareholders that did not give a timeframe, Bloomberg stated.

Demand for entry to cryptocurrency buying and selling accounts has climbed alongside the positive aspects in bitcoin (BTC), which has superior 57% this yr whereas the CoinDesk 20 Index, a measure of the broader crypto market, added 49%. Final month, the variety of lively accounts within the nation reached the very best stage since September 2022, Bloomberg stated, citing knowledge from the nation’s Securities and Alternate Fee (SEC).

Bitkub can be going through elevated competitors. In January, Binance Thailand – a enterprise of the world’s largest crypto trade by buying and selling quantity and Gulf Innova – opened for enterprise.

A 2022 plan for Siam Industrial Financial institution (SCB), Thailand’s oldest lender, to purchase 51% of Bitkub On-line for 17.85 billion baht was canceled after the SEC suppered the deal. In September 2022, Bitkub was included in a bunch sued by the SEC for allegedly artificially inflating buying and selling volumes.

See also  Binance Futures Declares Itemizing of These Altcoin Pairs with 50x Leverage!

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

Bitcoin Miners Ramp Up Hashrate as Halving Nears, Community Hits 653...

Simply earlier than the upcoming block reward halving, with solely 72 blocks left till reaching block top 840,000, bitcoin...

More Articles Like This