Crypto Exchange Bithumb to Delay IPO until after 2028: Report
7 Articles
7 Articles
Bithumb Pushes IPO Timeline to 2028 as Listing Process Stretches Further
The post Bithumb Pushes IPO Timeline to 2028 as Listing Process Stretches Further appeared on BitcoinEthereumNews.com. Géovani is a French editor who has been deeply engaged with the world of cryptocurrencies since 2020. His work reflects a mix of curiosity, precision, and a genuine desire to make complex topics understandable. Leading the editorial team, he focuses on crafting clear, balanced content that opens the crypto space to readers of al…
Bithumb delays IPO plans to post-2028 amid regulatory scrutiny
Crypto exchange Bithumb is reportedly delaying plans for its IPO until after 2028, according to local media. Per a report from Maeil Business News Korea citing a Bithumb official, the South Korean crypto exchange is set to “focus on preparing…
Crypto Exchange Bithumb Pushes IPO Past 2028 As Cleanup Effort Continues
Bithumb is now looking at an initial public offering sometime after 2028, a further slip from its earlier 2025 target, after a year of compliance trouble, board changes, and a costly internal blunder that briefly showed more than $40 billion in fake balances on its books. According to reports tied to the company’s shareholder meeting, the South Korea-based exchange says it wants to spend the next stretch fixing its accounting and control systems…
Key Points of the News: The South Korean platform postpones its stock market debut until after 2028, after extending its advisory agreement with Samjong KPMG until the end of 2027. Despite the delay, the company reported revenues of 651,000 million won (430 million dollars) in 2025 and a market share of over 30%. The delay responds to the need to clean internal controls after an operating error of 43,000 million dollars and current regulatory fi…
Bithumb delays IPO beyond 2028, signaling larger crypto listing slowdown
South Korea-based cryptocurrency exchange Bithumb has again postponed its planned initial public offering, with insiders signaling a listing would come only after 2028. The company previously eyed a 2025- or 2027-targeted listing, but renewed restructuring and ongoing regulatory hurdles have pushed the timeline further, according to Maeil Business News Korea. A Bithumb official told Maeil Business News Korea that the firm would focus on preparin…
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