Thailand's leading cryptocurrency exchange, Bitkub, is reportedly exploring an Initial Public Offering (IPO) in Hong Kong. Bloomberg sources indicate the exchange aims to raise $200 million through the listing. This move comes after Bitkub previously considered a domestic IPO, a plan that faced delays due to increased volatility and uncertainty in the Thai stock market. Shifting the IPO to Hong Kong potentially provides access to a broader investor base and a more mature regulatory environment for digital assets. The IPO plan signifies Bitkub's ambitions for regional expansion and its confidence in the long-term growth of the cryptocurrency market, despite current economic headwinds. The exchange has not yet released an official statement. ```