Bithumb Accelerates IPO Plans with Strategic Business Restructuring

Quick Summary:

Bithumb, the South Korean crypto exchange, extends its market domination by executing a major corporate restructuring plan.

The company will establish a distinct entity for its non-exchange operations by July 31, 2025, to make distinct business boundaries between exchange activities and other ventures.

The new entity Bithumb-A will serve as the spin-off entity to manage investment-related holdings and new business ventures.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab EmiratesSouth Korea

Topics: Market News Bithumb Market Updates

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-22 @ 07:09:13 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 264 words

Reading Time: 2 minutes read

Sentences: 25 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 28140835

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 13 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

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