Cryptocurrencies

    Major Thai crypto exchange ramps up hiring before IPO

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    Bitkub Capital Group Holdings, the owner of Thailand's largest crypto exchange, is setting its sights on a 2025 public listing on the Stock Exchange of Thailand.

    To facilitate this move, the company is now hiring financial advisers, aiming to bolster its profile and secure new capital through an Initial Public Offering (IPO).

    Despite a past workforce reduction of 6% during 2022 and 2023, the company plans to significantly expand its team, intending to hire 1,000 employees by the time of the IPO launch.

    This ambitious expansion plan underlines Bitkub's (CRYPTO:KUB) commitment to not just navigating the complexities of going public, but also solidifying its standing within the cryptocurrency exchange sector in Thailand.

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