South Korea-based crypto exchange Bithumb announced its plan to go public, eyeing an Initial Public Offering (IPO) in the second half of 2025.
This significant development arrives as the industry looks forward to discussions at Benzinga’s Future of Digital Assets conference on Nov. 14, where similar market advancements are expected to be a focal point.
Bithumb’s IPO Endeavor
Bithumb Korea selected Samsung Securities last month as the lead underwriter for its IPO, setting an ambitious target to list on the KOSDAQ by the second half of 2025, a local news outlet reported.
This decision marked a strategic effort to regain market dominance, currently led by Upbit, which has about 85% of the…
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