According to a report from Edaily, Bithumb, a South Korean cryptocurrency exchange, is currently making plans to go public in Korea through an initial public offering.
Samsung Securities has been chosen as the company’s underwriter and the possible IPO is expected to take place during the second half of 2025 on the Korean Securities Dealers Automated Quotations (Kosdaq) market.
The former chairperson of Bithumb, Lee Jeong-hoon, has also returned to the company as a registered director on its board, despite facing accusations of fraud in October 2018.
However, Lee was recently cleared of all charges.
