Bithumb to Split in Two as Crypto Exchange Inches Toward South Korean IPO

Bithumb plans to split its core crypto exchange business from other activities as it reorganizes in preparation for an initial public offering (IPO).The Seoul-based company will split in two, with Bithumb Korea focusing solely on operating the core crypto exchange business. Bithumb Korea will be the entity seeking a public listing, local media reported, citing the country’s corporate registry.The other unit, a newly created company called Bithumb A, will oversee venture investments, asset management and new business initiatives source: https://www.coindesk.com/markets/2025/04/22/bithumb-to-split-in-two-as-crypto-exchange-inches-toward-south-korean-ipo