Bithumb Plans Nasdaq Listing Through Corporate Restructuring

Bithumb is restructuring its investment and holding units as a crucial step towards its ambitious goal of a Nasdaq listing. The exchange plans to spin off these units into a separate entity called Bithumb A this summer, aiming for increased focus and streamlined operations. This move will consolidate Bithumb Holdings and Bithumb Investment, reducing risk while enabling each unit to concentrate on its core functions – managing the exchange’s operations.