In a significant development for Thailand's cryptocurrency landscape, Bitkub Capital Group Holdings, owner of the country's leading crypto exchange, aims to go public with an initial public offering (IPO) by 2025.

The announcement, made by Bitkub's CEO, Jirayut Srupsrisopa, in a discussion with Bloomberg, marks a notable milestone indicating the crypto market's maturation in Thailand.

This move underscores Bitkub's confidence in the solidifying regulatory and investment environment for cryptocurrencies within the nation.

The planned IPO reflects the growing acceptance and integration of digital currencies into the mainstream financial system in Thailand, setting a precedent for other players in the Asian crypto space.