Bithumb Secures Market Share and Prepares for IPO

South Korea’s second-largest crypto exchange, Bithumb, has regained a 25% market share, signaling a resurgence in its domestic operations. This expansion comes alongside an announced initial public offering (IPO) scheduled for late 2025, with Samsung Securities leading the effort. Bithumb’s return to prominence could shake up South Korea’s already competitive crypto landscape and pose a challenge to market leader Upbit.