South Korea-based cryptocurrency exchange Bithumb is preparing for a public offering by undergoing a significant structural transformation. The company aims to streamline operations and unlock new growth opportunities through two distinct entities. 1) **Bithumb Korea**, dedicated solely to trading cryptocurrencies, will play the central role in the upcoming IPO process with plans to list on the KOSDAQ market. 2) **Bithumb A** will encompass Bithumb’s ventures into financial products, including venture capital, asset management, NFTs, and the metaverse. Additionally, Bithumb Investment, focusing on strategic partnerships, will also be integrated under this new entity.