Bithumb to split off non-trading platform business units as it pushes for IPO
according to TheBlock, one of South Korea's major cryptocurrency exchanges, Bithumb, has restarted its business split plan, aiming to refine and strengthen its various business segments, while preparing for its first initial public offering (IPO) this year.
According to a statement released by Bithumb on Monday, the previously postponed split plan will take place on July 31, 2025. The newly split entity is named BithumbA, but its official English name has not been announced yet.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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