Topp Jirayut Srupsrisopa, a young brave, founded Thailand’s leading regulated cryptocurrency exchange, accounting for 95% of all the cryptocurrency transactions in the country.
But a few years ago, Topp’s parents asked him to close the company because they were afraid that he would go to jail. Let’s look at how he changed his life and gave birth to this profitable Crypto exchange.
Topp Jirayut was a terrible student, and for him, study was the last thing he could do. He was very fond of football, and in just one moment, he decided to play.
But a miracle happened when he got admitted to Manchester University.
Life gave him another chance, and he also wanted to make a good utilize about that. So, he mainly spent it in the library. Unlike a typical teenager, he sacrificed all the opportunities he could have chosen. Jirayut worked really hard, and finally, he ended up coming first out of all the universities in Manchester.
Yes, his hard work paid off.
After that, he got admitted into Oxford University for a master’s degree. But after graduation, it was lost. Top tried to find the success of the investment banking sector to the financial consultant. According to him,
I could not get a job at Facebook and Google, the best job that I could get that is related to economics, plus consulting.
One fine day, Topp Jirayut managed a one-to-one meeting session with an executive of PayPal named Dan Schatt. And from then, something pinching his brain so badly.
He decided to start a bitcoin company.
Topp Jirayut asked for a spare room for his new office from his parents instead of the capital. His aunt and sister donated him a chair and a table to start his new journey. That’s how he created the very first Bitcoin company in Thailand.
It was not a very pleasant journey for him. Unfortunately, something big happened at that moment. Half of his employees left the company for anti-money laundering issues.
He had to rebuild.
However, the team was able to solve that crisis when they moved into a bigger office. With a group of 30 people, they moved to a new office in Chiplun.
Again, the team faced another problem. The Bank of Thailand sent them an investigation letter. After seeing that letter, his father suggested that he shut down the company to avoid all unwanted situations.
Topp had to rebuild the company three times.
According to his statement, on 1st April 2017, Japan Government announced the legitimacy of Bitcoin. So, he took over an IT company with a team of 20 people and turned that into BitKub.
BitKub was born in February 2018. It is a new generation digital asset and a cryptocurrency exchange platform that was introduced by Topp Jirayut Srupsrisopa.
Also, there is a burning history behind this platform that we have already mentioned earlier.
The company offers advanced exchange services to individuals who intend to buy, sell, and store cryptocurrencies. Moreover, the team legally registered the company with a starting capital of 50 million Baht. The base of the operation is in Bangkok, Thailand.
Bitkub aims to bridge the gap between blockchain and cryptocurrency services to “non-tech users” by being the most trusted and easy-to-use cryptocurrency exchange in Thailand.
Not only BitKub, he previously co-founded coins.co, Thailand’s most significant bitcoin wallet company. He is a board of directors of the Thai Fintech Association and a Subcommittee at Thailand’s Office of the Trade Competition Commission.
Since then, it’s been over three years; the team grew 1000% every year. Also, the company made three million Baht in the first year. Surprisingly, the amount became almost 33 million in the second year.
And the last month, the company boomed and made 400 million Baht. The Founder of this Exchange platform, assuming that end of this year, they will be able to make 3 billion Baht or 100 million dollars. So, the company is walking on the road to becoming first Thailand’s Unicorn.
If you are passionate about something, you will find a way to achieve it. Remember that anyone can influence things around them if they are truly enthusiastic about something. Every day, even one person can change the world.
This post was last modified on August 11, 2021 9:32 am