Bitkub Plans $200M Hong Kong IPO for 2026, Bloomberg Reports

Bitkub Plans $200 Million IPO in Hong Kong

Bitkub, Thailand's largest cryptocurrency exchange, aims to raise $200 million through an Initial Public Offering (IPO) in Hong Kong by 2026. This strategic move is driven by Hong Kong's efforts to establish itself as a regional crypto hub with a clear regulatory framework from the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA).

Bitkub previously attempted to go public in Thailand but withdrew due to poor domestic stock market performance.
The Thai stock market experienced a significant downturn in 2025, with a 12% drop in listings and a 10% decline in the index.

Hong Kong's Crypto Regulatory Advancements

Hong Kong's SFC plans to ease restrictions on cryptocurrency trading, allowing licensed local crypto platforms to share global order books with overseas affiliates.
This regulatory change aims to increase liquidity by enabling trades to tap into international pools of buyers and sellers.
The Hong Kong Legislative Council passed the "Stablecoins Bill" in May 2025, aligning with similar legislative moves in the United States.