Thailand’s biggest crypto exchange goes on hiring spree ahead of IPO

Bitkub targets to go public on the Stock Exchange of Thailand in 2025 and is planning to hire 1,000 employees by IPO launch.

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Bitkub Capital Group Holdings, the owner of Thailand’s largest cryptocurrency exchange, is hiring financial advisers to facilitate its planned initial public offering (IPO) listing.

Bitkub aims to go public on the Stock Exchange of Thailand (SET) in 2025, CEO Jirayut Srupsrisopa told Bloomberg on April 1. The upcoming public listing aims to raise new capital and boost Bitkub’s profile.

In addition to hiring advisers, Bitkub is now actively expanding staff despite cutting its headcount by 6% in 2022 and 2023.

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