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Crypto Exchange Bithumb Weighs U.S. Nasdaq Listing: Report
Late last year, the South Korean cryptocurrency exchange was reported to be considering listing its shares on Kosdaq.
Updated Sep 30, 2024, 10:32 a.m. Published Sep 30, 2024, 10:30 a.m.
- Bithumb is considering listing on the U.S. Nasdaq.
- Previously, Bithumb had said it planned to go public in South Korea, aiming to list on Kosdaq.
Bithumb is considering a listing on the U.S. Nasdaq, the company told shareholders at a meeting on Monday, according to Korea Economic Daily.
In late 2023, the exchange was reportedly planning to go public by listing its shares on Kosdaq, the South Korean counterpart to Nasdaq. It had a target of the second half of 2025 after selecting Samsung Securities as its manager for the initial public offering.
"Regarding listing, all possibilities are open, not only domestically but also overseas," a Bithumb official said according to the report.
Bithumb did not immediately respond to a CoinDesk request for comment.
Read More: Crypto Exchange Bithumb Plans South Korea IPO in Second-Half 2025: Report
Amitoj Singh
Amitoj Singh is a CoinDesk reporter focusing on regulation and the politics shaping the future of finance. He also presents shows for CoinDesk TV on occasion. He has previously contributed to various news organizations such as CNN, Al Jazeera, Business Insider and SBS Australia. Previously, he was Principal Anchor and News Editor at NDTV (New Delhi Television Ltd.), the go-to news network for Indians globally. Amitoj owns a marginal amount of Bitcoin and Ether below CoinDesk's disclosure threshold of $1,000.
