ALLO’s Post

Bitkub, Thailand's Premier Crypto Exchange, Targets Initial Public Offering by 2025Bitkub, Thailand’s premier digital asset exchange, has set its sights on going public on the Stock Exchange of Thailand (SET) by 2025. CEO Jirayut Srupsrisopa shared these ambitions during a conversation with Bloomberg. The company behind Bitkub is engaging financial consultants to oversee their prospective initial public offering (IPO). The CEO believes that an IPO would be advantageous in securing fresh investments and solidifying Bitkub’s position in the market. Bitkub reduced its workforce by 6% throughout 2022 and 2023 but is now actively recruiting, aiming to bolster its workforce to 1,000 people by 2025, which would effectively double its current... https://lnkd.in/dwvbMAH5 #Bitkub #crypto #Exchange #Initial #Offering #Premier #Public #Targets #Thailands

Thailand’s Bitkub Exchange Plans IPO Bitkub Capital Group Holdings has unveiled its intention to go public in 2025, aiming to bolster its reputation. Moreover, the company seeks to secure additional funds through this strategic move. By venturing into the public market, Bitkub aims to enhance its visibility and credibility. This decision reflects the company’s confidence in its growth trajectory. Additionally, it signals Bitkub’s commitment to furthering its position as a key player in the financial sector. Intense competition unfolds in Thailand’s crypto sector as Binance and Kasikornbank Pcl battle for market dominance. Bitkub is executing a strategic divestment and has its sights set on expansion. The company plans to increase its workforce to 3,000 employees by 2025. Bitkub Bitcoin Magazine Binance #thailand #bitkub #IPO https://lnkd.in/eymjfJ_k

Expanding the Crypto Frontier in Thailand

The Crypto Hub Daily Update 🗒 Hong Kong's HashKey Group has soared into unicorn territory, securing nearly $100 million in a recent funding round, catapulting its valuation to over $1.2 billion🚀. The capital infusion, contributed by undisclosed existing and new investors, is earmarked for expanding HashKey's web3 ecosystem and developing licensed products within the Hong Kong market. The announcement cements the company's position as a key player in the city's burgeoning digital-asset hub. 💹 Lead investors in this landmark funding round include OKX Ventures, the investment arm of the renowned OKX digital-asset exchange. This development follows earlier reports hinting at HashKey's aspirations to raise between $100 million to $200 million💵, positioning the company as a unicorn. As Hong Kong takes strides in its digital-asset regulatory framework, HashKey's multifaceted operations, including a trading platform, venture funding, and asset management in Hong Kong and Singapore, reflect its commitment to navigating the evolving crypto landscape.🌐 📈 HashKey Exchange, born in 2018 as an early investor in Ethereum, has rapidly gained traction, amassing over 155,000 registered users 👯 since launching its retail trading service in late August. However, questions linger about Hong Kong's capacity to support multiple crypto exchanges and the sustainability of prioritising the sector in the long term. Nevertheless, HashKey's success stands as a testament to the region's growing prominence in the crypto industry, signaling a promising outlook for ventures in this dynamic space.✨ #hashkey #hongkong #okxventures #cryptoinvestment #vc #cryptoexchange #digitalassets #web3 #dailyupdate #tch #thecryptohub 

I'm thrilled to share insights from a recent panel session I had the honor of hosting, featuring luminaries driving forces of Malaysia Web 3.0 ecosystem. Our esteemed panelists included Nicholas Chong Head of Token Crowdfunding at pitchIN, Desmond Liew Zhi Hong, a distinguished Web 3.0 and Tax lawyer and partner at Halim Hong & Quek, a member firm of Andersen Global, and KK CHEW, CEO of MASVERSE, a visionary in building Malaysia's Web 3.0 infrastructure. Key takeaways from this enlightening session are: 1. Malaysia's Leading Role: Malaysia is a front-runner in regulating Web 3.0, boasting a comprehensive array of regulated platforms (crowdfunding, exchanges, custodian services, and fund management). This positions the nation to spearhead the global Web 3.0 ecosystem effectively. 2. Advancements in Blockchain and KYC: The implementation of a Proof of Authority (PoA) blockchain, with thorough KYC processes, is revolutionizing the landscape. This approach legitimizes Web 3.0 projects, including those in DeFi, by providing robust traceability and investor protections. It opens the door for traditional investors to engage with these emerging technologies and investments confidently. 3. Current Big Trend of Unregulated Platforms: The gradual regulation of previously unregulated platforms is a significant trend. Embracing regulation and jurisdictional guidance is a pivotal step towards legitimizing Web 3.0 activities on a global scale. 4. Balancing Innovation and Compliance: It's crucial to foster innovation while adhering to regulatory and tax obligations. Proper governance and tax management are essential for sustainable business growth in the Web 3.0 space. This session provided valuable insights into the evolving Web 3.0 landscape, highlighting Malaysia's pivotal role and the importance of balancing innovation with regulatory compliance. Exciting times lie ahead in this dynamic sector! #Web3 #Blockchain #Regulation #Innovation #DigitalTransformation l

Discover who reigns supreme in Singapore's financial market! We've dug deep into the world of trading platform startups to find the companies set to dominate in 2023. Check out the full insights here: https://lnkd.in/ePFsYwHR Featuring: Trustana a curated marketplace connecting bona fide international trade partners. Fragmynt, innovators of a decentralized financial system for traditional financial products. deltatheta, builders of a decentralized options order book trading protocol. Tranchess , taking the lead in multi-asset tracking protocol offering varied risk-return solutions. AsiaNext, offering integrated digital asset listing, trading and post-trade services. Trumid XT, pioneering an electronic bond trading platform. Passion Venture Capital Pte. Ltd., representing innovative founders and investment clients. Z1 FINANCIAL, creating real estate investment opportunities and digital asset monetization. FollowTrade, a social trading platform for stocks and cryptocurrencies. Everest Gold , facilitating real-time buying and selling of gold with zero transaction fees. CommoditySTAR Solutions, trading in oils and fats. Move Networks, an NFT aggregator offering trading, staking, creation, and auction of NFTs. Decide for yourself who'll make the biggest splash, only at StartupBubble. #Startups #FinTech #Trading #Singapore #Innovation #Blockchain #CryptoCurrency #DigitalAsset #Investment #NFT #FinancialMarket #StartupBubble

Excited to announce our partnership with Slavik Baranov Martin Masser to fuel the growth of STON.fi DEX, the leading liquidity layer for Telegram Messenger and TON Foundation. STON.fi has secured a previously undisclosed funding round led by CoinFund, with participation from Delphi Digital, Karatage, TON ventures, and notable angels. This funding will support the rapid expansion of DeFi services to Telegram’s 900M user base. Historically, the ability to create new assets and access native liquidity has driven exponential growth and experimentation. Uniswap’s v2 launch in 2Q 2020 is a prime example, where enabling self-serve liquidity pools led to a dramatic surge in activity. Telegram mini-apps offer more complex and visually appealing interfaces than bots, positioning them as the first scaled user container to help users access new experiences. This morning Notcoin officially launched to its 35M users marking the largest on chain event to date and showcasing the opportunity and stress testing the developing infrastructure. Unlike WeChat, which has over 1 million mini-apps but is unlikely to incorporate crypto, Telegram presents a unique, credibly neutral developer opportunity. As CoinFund we are committed to supporting this transformative journey and look forward to more exciting announcements. 🤝 CoinFund thesis: https://lnkd.in/e9GxjaPf Press release: https://lnkd.in/eXJSKrV6

$DICT token will be listed on P2B Crypto Exchange , Lithuania's CEX (Centralized Exchange) this month through an IEO (Initial Exchange Offering)! An IEO is a method of raising funds by issuing and selling tokens through a cryptocurrency exchange to promote a decentralized project born from a community. My Web3 community, DICT - Design, Innovation, Co-Creation, Technology, was founded on March 1, 2022 at DICT CUBE TOKYO in Yoyogi, Shibuya-ku, Tokyo, and two years have passed quickly. This initiative is part of my social experiment as an academic research on innovation management, but I believe it will be the first IEO and cryptocurrency listing in Japan for an unincorporated project incubation. The theory of the "Innovator's Dilemma", which was proposed by the late Professor Clayton Christensen, a renowned American businessman and business scholar, and which is now becoming a classic, and the concept of "disruptive innovation" are fatal threats and challenges in this era that large scale of governments, companies, and organizations face that cannot be ignored any more. As a prescription for this issue, I wanted to spread DICT's approach to society, not just as a theory, but as a practice! That is my interest as a social entrepreneur, investor, and social physicist, and the idea behind founding DICT. DICT has been co-creating an average of two projects per month since its founding. These projects are always monetized as small businesses, and community members practice business through the planning and management of these projects like MBA program. And such decentralized autonomous organization has already created 10 startup companies in the past two years, one of which has achieved astonishing high performance, with first-year sales exceeding $1 million USD and achieving an exit through M&A. It may be hard to believe, but all the other companies have been in the black since their first year. Of course, it's not just business, but NPO, NGO, education, regional revitalization, and more are also actually launched as a project. Now in our third year, we continue to enjoy the dynamism of this social evolution together with Team DICT. Stay tuned! #DICTtoken #IEO #Listing #CEX #web3 #DAO #crypto #tokenization #DICT Design🎨 Innovation🚀 Co-Creation🤝 Technology🌐 #TeamDICT #DICTFlashPitch #DICTCUBETOKYO #DICTBootcamp #DICTBaseMiura #DICTBaseMiyako #DICTBaseFuji #Virgo #Libra #ByGaudi #Brainbiome #DICTYouTube #DICTUniversity #DICTMetaverse #InnovationEcosystem #DirectedSocialEvolution #ArtificialVariationSelectionInheritance #SocialEvolutionParadigm

Have you seen our Stakepoint line up? We have the biggest names in the Solana ecosystem lined up to talk all things institutional staking. Galaxy is one of many incredible teams we will be collaborating with and highlighting all things institutional #cryptocurrency.