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Bithumb plans to launch a business split plan to divest non-trading platform business units as it pushes forward with its IPO
2025-04-22 05:18:08

Odaily News Bithumb, one of South Korea’s major cryptocurrency trading platforms, has restarted its business split plan to refine and strengthen its various business segments while preparing for an initial public offering (IPO) this year.
According to a statement released by Bithumb on Monday, the previously postponed split will now take place on July 31, 2025. The newly split entity is named "Bithumb A", but its official English name has not yet been announced. (The Block)