Another Crypto Exchange Wants to Get Listed on NASDAQ
01.10.2024 12:00 1min. read Alexander Zdravkov
South Korea's second-largest cryptocurrency exchange, revealed plans for a potential public listing in the U.S. during a shareholder meeting on Sept. 30.
Bithumb is exploring the possibility of listing on Nasdaq in the second half of 2025 and has tapped Samsung Securities as lead underwriter for its IPO.
In March, Bithumb launched Bithumb Investment to strengthen its operations on the digital asset exchange and improve its IPO chances. This new structure will also manage the company’s real estate investment and brokerage activities.
The move comes after Bithumb’s failed attempt to list on Korea’s KOSDAQ exchange in 2020, which was halted due to unclear regulations and standards for digital assets.
A company representative stressed that all listing options are open, including potential listings in both domestic and international markets, with the US under consideration.
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