South Korean cryptocurrency exchange Bithumb outlines a multi-year plan aimed at an initial public offering (IPO) in 2028. Multiple reports say the company intends to request a preliminary listing review in 2027 and to have its application reviewed by relevant local authorities at that time. The roadmap also includes organizational and reporting changes. One outlet reports that Bithumb switches to international accounting standards during 2024, a step described as part of the company’s IPO preparation. Another source links the overhaul effort to compliance work that follows a February crediting error. That reporting characterizes the process as an internal controls refurbishment, suggesting Bithumb is strengthening its systems ahead of the listing process. Across the coverage, the key timing elements are consistent: Bithumb’s plan centers on filing for preliminary listing review in 2027 and pursuing an IPO in 2028. The accounts differ mainly on emphasis, citing accounting standard changes and internal controls improvements as part of the preparation, but they align on the overall timeline.
Bithumb targets 2028 IPO after preparing for preliminary listing review
South Korean cryptocurrency exchange Bithumb outlines a multi-year plan aimed at an initial public offering (IPO) in 2028. Multiple reports say the company intends to request a preliminary listing rev...
- Bithumb targets an IPO in 2028.
- The exchange plans to request a preliminary listing review in 2027.
- Bithumb says it will seek review of its IPO-related application by local authorities in 2027.
- Bithumb adopts international accounting standards as part of its preparation.
- Bithumb reports internal controls changes following a February crediting error.
The South Korean exchange plans to seek preliminary listing review in 2027 while overhauling controls after a February crediting error.
2 hours agoThe exchange plans to file for preliminary listing review in 2027, after switching to international accounting standards this year.
3 hours agoBithumb plans to request a preliminary listing review and have its application reviewed by local authorities in 2027.
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