According to ChainCatcher news, Bithumb Korea, the operator of the Korean crypto trading platform Bithumb, held its annual shareholders' meeting on the morning of March 29 and resolved to appoint Lee Jung-hoon as a director and change the company's name, but both proposals were withdrawn. Bithumb representatives said that Bithumb’s top priority is to strengthen its competitiveness and that an IPO has never been a priority.

According to previous news, on November 12, according to Korean media Edaily, Bithumb operator Bithumb Korea selected Samsung Securities as an underwriter at the end of last month and began IPO work, planning to be listed on KOSDAQ. The target launch date is expected to be in the second half of 2025.