Bithumb now targets 2028 IP after major internal restructuring
The South Korean crypto trading platform plans to see a preliminary listing review in 2027, but did not identify a proposed listing venue yet.
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Summary
- Bithumb, South Korea’s largest crypto exchange, said it is preparing for an initial public offering in 2028 following a major internal reorganization.
- The company aims to complete risk management assessments and align with domestic and international accounting standards by the end of 2026, then seek a preliminary listing review in 2027.
- The IPO timeline, which follows regulatory scrutiny after a $40 billion transfer blunder and internal control failures, could shift depending on market conditions and regulators’ reviews.
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Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Why it matters:
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
