Bithumb, one of the largest crypto exchanges in South Korea, is planning to go public on Nasdaq in the second half of 2025. 📉 The company is preparing for an IPO led by Samsung Securities. However, it suffered an operating loss of $11 million and a 58% decrease in revenue in 2023. It prefers the US due to unclear regulations in South Korea. What does this move by Bithumb mean for the market?