Bithumb Lists SOPH, Expanding Market Share Ahead of 2025 IPO

Bithumb, South Korea’s second-largest cryptocurrency exchange, has added SOPH tokens to its KRW market. This move signals Bithumb’s ambition to regain dominance in the local crypto landscape and prepare for its anticipated 2025 Initial Public Offering (IPO). The listing further increases Bithumb’s market share, now standing at 25%. This strategic decision comes amidst renewed competition within the Korean crypto market.