Crypto Exchange Bithumb Weighs U.S. Nasdaq Listing: Report

3 months ago |   readers | 2 mins reading
Crypto Exchange Bithumb Weighs U.S. Nasdaq Listing: Report

Election 2024 coverage presented by
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
Edited by Sheldon Reback.
Disclosure
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.
Amitoj Singh is a CoinDesk reporter.

This article is originated from the source

CoinDesk
Read Full Article
Published on Other News Site
cointelegraph Badgebitcoin Badgedecrypt Badgecryptonews Badgeu Badgebeincrypto Badgeblockworks Badgecoincodex Badge