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Bithumb Aims for Groundbreaking Kosdaq IPO in 2025
Bithumb, one of South Korea’s leading crypto exchanges, is reportedly gearing up for a groundbreaking Initial Public Offering (IPO) on the KOSDAQ, South Korea’s equivalent of the Nasdaq Composite (INDEXNASDAQ: .IXIC).
Bithumb IPO: An Ambitious Move
A recent report from local news outlet Edaily indicates that Bithumb is setting its sights on becoming the first digital asset company to go public on the South Korean stock market, with the anticipated listing date slated for the second half of 2025.
While Bithumb has yet to officially confirm its IPO plans, sources have revealed that the exchange has taken significant steps in that direction. Bithumb has reportedly chosen Samsung Securities as its potential IPO underwriter, a crucial role in ensuring the financial stability of a company before it goes public. However, there is openness to considering the KOSPI market as an alternative, highlighting the flexibility in Bithum
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