Revenues of Thailand-based crypto asset company Bitkub Online, part of the Bitkub Capital Group, fell last year as the global crypto market faced a series of implosions.
The Thai crypto major clocked total revenues of 2.8 billion baht ($80 million) in 2022, a sharp decline of 48% from its heyday in 2021, when it had amassed 5.5 billion baht ($158 million).