Bithumb Accelerates IPO Plans Through Strategic Business Restructuring

Bithumb is taking significant steps towards its ambitious IPO plans by streamlining operations and establishing a separate entity for non-exchange activities. The company will spin off non-exchange operations into a new subsidiary, Bithumb A, effective July 31, 2025. This strategic move aims to delineate business boundaries between exchange activities and other ventures. Bithumb’s IPO targets the second half of 2025, with Samsung Securities serving as the underwriter for both domestic and Nasdaq listings.