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.
From groundbreaking Ethereum developments to record-breaking DeFi activity and major protocol updates, the crypto industry saw a flurry of important announcements this past week.
Memecoin launchpad Pump.fun has stunned the crypto market by pulling off one of the fastest initial coin offerings (ICOs) in history.
Binance founder Changpeng Zhao has once again threatened legal action against Bloomberg.
The latest WuBlockchain Weekly report captures a high-volatility week in crypto. From Bitcoin’s new all-time high to controversy around Pump.fun’s presale and Elon Musk’s political Bitcoin endorsement, markets are witnessing sharp shifts in momentum and policy.