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Cryptocurrency News Articles

Crypto Exchange Bithumb Weighs U.S. Nasdaq Listing: Report

Sep 30, 2024 at 06:08 pm

Late last year, the South Korean cryptocurrency exchange was reported to be considering listing its shares on Kosdaq.

Crypto Exchange Bithumb Weighs U.S. Nasdaq Listing: Report

South Korean cryptocurrency exchange Bithumb is considering a listing on the U.S. Nasdaq, the company told shareholders at a meeting on Monday, Korea Economic Daily reported.

Late last year, the exchange was said to be planning to go public by listing its shares on Kosdaq, the South Korean counterpart to Nasdaq, with a target of the second half of 2025, after selecting Samsung Securities as its manager for the initial public offering (IPO).

"Regarding listing, all possibilities are open, not only domestically but also overseas," a Bithumb official said at the time, according to the report.

Bithumb did not immediately respond to a CoinDesk request for comment.

Original source:coindesk

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