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Another Crypto Exchange Wants to Get Listed on NASDAQ

01.10.2024 12:00 1 min. read Alexander Zdravkov
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Another Crypto Exchange Wants to Get Listed on NASDAQ

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.

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.

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