Why bitkub Is Trending Today?

Bitkub, a leading Thai cryptocurrency exchange, has announced it will delist several low-trading-volume coins. The move aims to improve liquidity and user experience on the platform. The delisted coins include XEM, XRP, and ZEC, among others. Bitkub users are advised to trade these coins before the delisting date to avoid potential losses.

Thai cryptocurrency exchange Bitkub is considering a Hong Kong Initial Public Offering (IPO) amidst mixed gains for retail investors in crypto IPOs. The company is reportedly exploring a $200 million IPO in Hong Kong, a move that comes as Thailand's local market faces turmoil. Bitkub, which had previously delayed its Thai IPO plans, is now eyeing an overseas listing, with Hong Kong being the preferred destination. The exchange is aiming to raise about $200 million through this IPO, which is expected to take place as early as 2026.