Bithumb Targets 2028 IPO as South Korea Crypto Exchange Overhauls Controls

TLDR

• Bithumb plans preliminary listing review in 2027 before targeting its public market debut in 2028.
• South Korea’s second-largest crypto exchange is upgrading controls before entering the formal IPO review process.
• The company plans to move to K-IFRS standards to support clearer reporting and public-market disclosure.
• Bithumb said its IPO schedule could change based on market conditions and regulatory review timelines.
• The exchange is restructuring its business after a February crediting error disrupted Bitcoin trading operations.

Bithumb plans to seek a preliminary listing review in 2027 and complete an initial public offering in 2028, as South Korea’s second-largest crypto exchange prepares for stricter public-market standards.

Bithumb Sets 2028 IPO Timeline

Bithumb said its IPO plan is part of a wider effort to improve transparency, governance, and market trust. The company aims to complete internal preparations in 2026 before moving into the formal review process next year.

The exchange said the listing plan is not only about expanding corporate size. Bithumb described the IPO as a step toward building stronger trust with customers, investors, and South Korea’s wider virtual asset market.

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