Reference
·Supporting source
Bitkub Domestic Exchange Market Share
~60–70% of Thai retail crypto volume
Bitkub Exchange, founded in 2018 and headquartered in Bangkok, commands an estimated 60–70% of Thai retail cryptocurrency trading volume on SEC-licensed platforms, making it the dominant fintech player in the sector. Its valuation peaked at approximately USD 1 billion in 2021 following a partial stake acquisition by SCB Group (later unwound). Gulf Energy Group subsequently acquired a strategic stake, providing both capital and cross-promotional access to Gulf's energy customer base. Bitkub's Bitkub Coin (KUB) is listed on its own platform. Regulatory scrutiny has included a 2021 SEC trading suspension over system outages during high-volatility periods, resulting in operational improvements.
Figure in context
Bitkub Exchange, founded in 2018 and headquartered in Bangkok, commands an estimated 60–70% of Thai retail cryptocurrency trading volume on SEC-licensed platforms, making it the dominant fintech player in the sector. Its valuation peaked at approximately USD 1 billion in 2021 following a partial stake acquisition by SCB Group (later unwound). Gulf Energy Group subsequently acquired a strategic stake, providing both capital and cross-promotional access to Gulf's energy customer base. Bitkub's Bitkub Coin (KUB) is listed on its own platform. Regulatory scrutiny has included a 2021 SEC trading suspension over system outages during high-volatility periods, resulting in operational improvements.
Bitkub Exchange, founded in 2018 and headquartered in Bangkok, commands an estimated 60–70% of Thai retail cryptocurrency trading volume on SEC-licensed platforms, making it the dominant fintech player in the sector. Its valuation peaked at approximately USD 1 billion in 2021 following a partial stake acquisition by SCB Group (later unwound). Gulf Energy Group subsequently acquired a strategic stake, providing both capital and cross-promotional access to Gulf's energy customer base. Bitkub's Bitkub Coin (KUB) is listed on its own platform. Regulatory scrutiny has included a 2021 SEC trading suspension over system outages during high-volatility periods, resulting in operational improvements.
Time scope
2023–2024
Source basis
Supporting source
Interpretation notes
What this tells you
Bitkub Exchange, founded in 2018 and headquartered in Bangkok, commands an estimated 60–70% of Thai retail cryptocurrency trading volume on SEC-licensed platforms, making it the dominant fintech player in the sector. Its valuation peaked at approximately USD 1 billion in 2021 following a partial stake acquisition by SCB Group (later unwound). Gulf Energy Group subsequently acquired a strategic stake, providing both capital and cross-promotional access to Gulf's energy customer base. Bitkub's Bitkub Coin (KUB) is listed on its own platform. Regulatory scrutiny has included a 2021 SEC trading suspension over system outages during high-volatility periods, resulting in operational improvements.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
Related figures
Adjacent numbers that add context without drowning the value.
SEC-Licensed Crypto Exchanges in Thailand
SEC Thailand digital asset registry, AMLO
Thai Crypto Retail Investor Accounts
SEC Thailand, Bitkub company disclosures, BoT CBDC report
Thailand Crypto Capital Gains Tax Rate
Thailand Revenue Department Ruling, SEC Thailand, BoT
Bank of Thailand Retail CBDC Pilot
BoT Annual Report, BIS mBridge project documentation
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.