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Bithumb Eyes 2028 IPO After Restructuring | Bitcoin and Crypto News
Description
Bithumb, South Korea’s largest crypto exchange, is preparing for a 2028 IPO after a major internal overhaul to fix accounting and risk management flaws exposed by a $40 billion transfer error. The company aims to meet global standards by end-2026, complete a preliminary listing review in 2027, and debut publicly the next year—though timing remains flexible based on market and regulatory conditions. Plans include separating its core trading business from other ventures early next year, with potential listing venues including Nasdaq or Kosdaq, as Bithumb partners with top financial advisors to navigate this pivotal transition.
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