Bithumb is considering going public on the Nasdaq in the United States

2024-09-30 17:09:19

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ChainCatcher news, South Korean virtual asset exchange Bithumb announced at a temporary shareholders' meeting that it is considering listing on the Nasdaq in the United States. Bithumb is currently seeking an initial public offering (IPO), aiming to go public in the second half of next year, with Samsung Securities as the lead underwriter.

Earlier this year, Bithumb passed a personnel spin-off resolution, planning to transfer new businesses to a newly established company to enhance the chances of a successful IPO. Previously, Bithumb attempted to list on the KOSDAQ market in South Korea in 2020 but abandoned the effort due to unclear regulations. Currently, Bithumb is exploring various listing possibilities both domestically and internationally.

Additionally, on the same day, Bithumb's temporary shareholders' meeting approved a single proposal to rename the virtual asset exchange operating entity Bithumb Korea to Bithumb. Bithumb stated that it plans to enhance its visibility through the unification of the company name and service name.

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