Bithumb, a prominent South Korean cryptocurrency exchange, is undertaking a significant strategic overhaul to prepare for its public offering. This restructuring aims to optimize operational efficiency by separating cryptocurrency trading from other services and consolidating these functions into the new entity, ‘Bithumb Korea.’ This division will focus solely on cryptocurrency transactions and is poised to be the focal point during the upcoming public listing, aiming for a listing on the KOSDAQ stock exchange with a secondary NASDAQ listing as a backup option. 2024 financial reports reveal Bithumb achieved an impressive operating profit of 130.8 billion won, marking a significant turnaround from previous losses. This financial success has fueled Bithumb’s ambitious transformation plans and is expected to have a lasting impact on the cryptocurrency market.