Bitkub’s Topp Srupsrisopa: “We want to be the most trusted crypto platform in Thailand”

During my conversation with Jirayut 'Topp' Srupsrisopa, founder and group CEO of Bitkub Capital Group Holdings, we explored the company's dedication to adhering to regulations following a string of mistakes and how they dealt with the repercussions of the crypto market downturn in 2022.
Topp Srupsrisopa shared how the company is working closely with regulators to ensure the integrity of its operations, even as it outperforms its peers with a market share of more than 95%.
Despite its strong position in the Thai market, Bitkub is still reeling from a bumpy 2022, a crypto winter that eroded investor confidence. It saw a failed Siam Commercial Bank (SCB) acquisition that would have made it Thailand’s first unicorn and faced fines imposed by the Thai Securities and Exchange Commission (SEC) for various infractions.
Moving forward, Srupsrisopa said the company has been changing how it operates to prioritise sustainability over growth. He said: “We want to work closely with regulators and make sure we earn the trust. Right now, as we speak, there are zero issues left. Bitkub is the cleanest, most regulated [exchange in Thailand].”
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EMMANUEL DANIEL is an author, advisor and corporate strategist.
He is the founder of TAB Global that owns research and consulting services such as TAB Insights, The Asian Banker, The Banking Academy and Wealth and Society.
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