CoinDesk·3 min read·medium

Bithumb now targets 2028 IP after major internal restructuring

O
Olivier Acuna
Bithumb now targets 2028 IP after major internal restructuring
AI Summary

South Korean crypto exchange Bithumb has delayed its IPO plans to 2028 following internal restructuring and regulatory challenges. The company is currently working with legal and financial firms to meet international accounting standards before seeking a listing.

Seoul-based Bithumb did not reveal where it plans to launch the IPO. However, it did say it is working with domestic and international securities, law and account firms on the IPO process. Last year, Bithumb was said to be considering a NASDAQ listing, and later changed its plans to a listing on South Korea’s Kosdaq first.

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