Bithumb, a virtual asset exchange based in South Korea, has announced its plans to potentially list on the Nasdaq market in the United States.
The company is currently working towards an initial public offering (IPO) and aims to become a publicly traded company in the second half of next year, with Samsung Securities as its main underwriter.
Earlier this year, Bithumb passed a resolution to spin-off its personnel and transfer new businesses to a newly established company in order to increase the likelihood of a successful IPO.
In 2020, Bithumb had attempted to list on the KOSDAQ market in South Korea, but ultimately abandoned the effort due to unclear regulations.
Currently, the company is exploring various options for listings both domestically and internationally.
