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Bithumb to Split in Two as Crypto Exchange Inches Toward South Korean IPO

CoinDesk LogoCoinDesk13h ago

Bithumb to Split in Two as Crypto Exchange Inches Toward South Korean IPO - CoinDesk

Quick Summary:

A filing on the country's corporate registry shows the exchange registered a new entity in preparation for an IPO.

Bithumb posted an operating profit of 130.8 billion won ($95 million) in 2024, reversing a 149 billion-won loss from the previous year, local media reported.

The restructuring is set to take effect on July 31.

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Bithumb to Split in Two as Crypto Exchange Inches Toward South Korean IPO - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Sam Reynolds

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-22 @ 08:04:50 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 218 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 10 words per sentence (average)

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

Copyright Owner: © CoinDesk

News ID: 28139914

View Article Analysis

About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 13 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

Publisher Details

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The story "Bithumb to Split in Two as Crypto Exchange Inches Toward South Korean IPO" was covered 13 hours ago by CoinDesk, a news publisher based in United States.

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  • URL: https://chronographically.beamstart.com/news/bithumb-to-split-in-two-17453132206557

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