{"id":155356,"date":"2025-04-23T09:00:10","date_gmt":"2025-04-23T06:00:10","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=155356"},"modified":"2025-04-22T16:30:13","modified_gmt":"2025-04-22T13:30:13","slug":"bithumb-splits-business-as-it-eyes-late-2025-ipo","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bithumb-splits-business-as-it-eyes-late-2025-ipo\/","title":{"rendered":"Bithumb Splits Business as It Eyes Late 2025 IPO"},"content":{"rendered":"

By July 31, the exchange will spin off its non-core operations into a new entity, \u201cBithumb A,\u201d leaving the main platform with a 56% stake and the new company with 44%. The split aims to shield Bithumb\u2019s core trading business from external risks and streamline its path toward public listing.<\/p>\n

The IPO is targeted for late 2025, with Samsung Securities as lead underwriter. While a domestic listing is the likely choice, a Nasdaq debut remains under consideration.<\/p>\n

This comes after a strong 2024 performance, with Bithumb reporting $110 million in net profits\u2014a sharp rebound, though still behind rival Upbit.<\/p>\n