**Bithumb Ready to List on NASDAQ?**
- Latest news from South Korea, crypto exchange giant Bithumb is considering listing on the US NASDAQ! 🤑
- In a shareholders meeting, Bithumb stated that they are open to all possibilities related to an IPO, both domestic and international.
- Initially, Bithumb planned to list on KOSDAQ in late 2025, but it seems they are starting to look at global options.
- However, Bithumb has not made any official comments regarding this matter.
**Revenue Declines and Leadership Controversy**
- 2023 was a challenging year for Bithumb with revenue down 57% and net profit plummeting 74.5%.
- This decline was due to falling crypto prices and the zero-fee trading policy introduced in the fourth quarter.
- However, Bithumb continued to expand in South Korea with record-breaking Bitcoin trading volumes, beating its competitor, Upbit.
What do you think about Bithumb's move? Is this the right strategy? Come on, let's discuss in the comments column!