Crypto Exchange Bithumb Gearing Up To Go Public on Korean Stock Market: Report
South Korean cryptocurrency exchange Bithumb is reportedly planning to conduct an IPO in the second half of 2025, with Samsung Securities as its underwriter. The move is aimed at increasing the exchange's market share and catching up to its top domestic competitor, Upbit. Bithumb hopes to improve its image and attract more users through the IPO, which is not primarily motivated by funding. The exchange's former chairman, Lee Jeong-hoon, is also making a comeback as a registered director ahead of the possible IPO.
