Bithumb Lays Out a 3-Stage Path to Its South Korea IPO
Bithumb has published a formal Bithumb IPO timeline. The plan targets a public listing by 2028.
South Korea's second-largest exchange framed the listing as a trust-building step. Executives tied each phase to a specific governance target.
A Roadmap Shaped by Past Delays
Bithumb's listing ambitions have shifted before. The exchange once targeted a debut in the second half of 2025. Management pushed that date back as new obligations piled up.
Shareholders backed CEO Lee Jae-won's reappointment in March 2026. The vote came weeks after a Bitcoin (BTC) balance-display glitch drew a record fine.
The exchange also operates in a tougher home market. South Korean trading volume recently fell to a two-year low during a Kosdaq market crash. A new 22 percent crypto tax takes effect in 2027. That is the same year Bithumb plans to file its listing review.
