Bithumb Claims Larger Slice of Korea’s Crypto Space Ahead of IPO

Bithumb Claims Larger Slice of Korea’s Crypto Space Ahead of IPO

After years spent in the shadow of larger rival Upbit, crypto exchange Bithumb is clawing back a more meaningful share of South Korea’s tightly held digital-assets market.

CoinStats - Crypto Exchange Bithumb Attracts Over 25% of ...

South Korean crypto exchange Bithumb is gradually regaining its market dominance in the country. According to a recent Bloomberg report, the crypto custodian platform now holds around a 25% market share of South Korea’s crypto trading volume. Notably, this increase comes amid the exchange’s plans to go public. Bithumb’s Way Back Up Founded in 2014, Bithumb initially led the South Korean crypto market with a 70% market share. However, things went…

WEMIX Delisting Outrage: South Korean Investors File Petition

BitcoinWorld WEMIX Delisting Outrage: South Korean Investors File Petition The world of cryptocurrency is often marked by rapid developments and significant volatility, and nowhere is this more apparent than when a major token faces delisting from trading platforms. For holders of the WEMIX token in South Korea, this reality has hit hard, leading to a significant backlash against local exchanges and their alliance, DAXA. A large group of investo…

A look at South Korea's Bithumb as it preps for a 2025 IPO; Kaiko says Bithumb held 36% of the country's crypto trading in Jan. 2024, up from 11.5% in Jan. 2023

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