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Crypto Exchange Bithumb Mulls Over U.S. Nasdaq Listing: Report

Twitter icon  •  Published há 1 mês  •  Hassan Maishera

Bithumb, a leading South Korean cryptocurrency exchange, is considering listing on the U.S. Nasdaq stock exchange.

TL;DR

  • South Korean crypto exchange Bithumb is considering listing on the Nasdaq stock exchange.

  • The crypto exchange previously planned to go public on South Korea’s Kosdaq stock exchange.

Bithumb is Considering Listing on Nasdaq

Bithumb, one of the leading cryptocurrency exchanges in South Korea, is considering listing on the U.S. Nasdaq stock exchange. Korea Economic Daily reported that the company informed its shareholders at a meeting on Monday. 

This latest development comes after reports in late 2023 that Bithumb was planning to go public by listing shares on Kosdaq, the South Korean counterpart to Nasdaq. The cryptocurrency exchange intends to go public in the second half of 2025 and chose Samsung Securities as its manager for the IPO. 

While citing a Bithumb official, the report said the cryptocurrency exchange is considering all possibilities, both local and international.

 

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.