Bithumb has started its IPO process and plans to go public in the second half of 2025
ChainCatcher news, according to South Korean media Edaily, Bithumb operator Bithumb Korea chose Samsung Securities as the underwriter at the end of last month and has begun the IPO process, planning to list on KOSDAQ. The target listing date is expected in the second half of 2025.
It is reported that Bithumb declined to comment on the IPO plan but confirmed that it has indeed selected an underwriter. Relevant interpretations suggest that for Bithumb to disrupt Upbit's market dominance of around 85% and regain the top position in the market, enhancing trust in the company is of utmost importance.
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