Bithumb to Spin Off Non-Exchange Division Ahead of IPO Bid

Catenaa, Sunday, May 03, 2025 – Bithumb, one of South Korea’s largest cryptocurrency exchanges, announced it will spin off its non-exchange operations into a separate entity as it accelerates plans for an initial public offering slated for the second half of 2025. The restructuring, confirmed in a Monday filing with Korea’s DART disclosure system, is […] source: https://investors.catenaa.com/news/bithumb-to-spin-off-non-exchange-division-ahead-of-ipo-bid