Bithumb Market Share Soars to 25%, Setting the Stage for 2025 IPO

Bithumb, a once dominant cryptocurrency exchange in South Korea, is witnessing a resurgence after years of challenges. The platform now holds a strong 25% market share, a significant jump from its single-digit share in 2023, even reaching over 33% briefly at the start of 2024. This impressive comeback is attributed to effective marketing strategies, platform improvements, and regulatory hurdles faced by competitor Upbit.