Cryptocurrency exchange Bithumb plans IPO on Nasdaq in 2025 🚀
- South Korean exchange Bithumb is preparing to enter the US market, planning to list its shares on Nasdaq in the second half of 2025.
- In preparation for the IPO, the company split its assets 60:40, separating its main crypto operations into a separate structure.
- Samsung Securities is the main underwriter of the IPO.
- Bithumb previously tried to enter Kosdaq, but the process was suspended due to unclear regulations.
- In the US, Bithumb hopes for more favorable conditions, like Coinbase.
What do you think about Bithumb's plans? Share your opinions in the comments! 💬