Bithumb Sets New Roadmap for 2028 Public Listing

Bithumb is moving forward with a formal plan to launch an initial public offering. The exchange aims to finalize its public debut by 2028, according to a recent roadmap released by the company. This move is designed to improve transparency and build trust with investors and regulators alike.

The three stage process starts this year, with 2026 focused on upgrading internal controls and switching to global accounting standards. The exchange has also spun off its asset management division into a separate company to avoid conflicts of interest. The second stage arrives in 2027, when Bithumb intends to file for a preliminary listing review with local regulators. The final stage centers on the official listing in 2028.

This target date follows previous delays for the exchange. Bithumb previously hoped to list as early as 2025, but those plans were pushed back due to increased regulatory obligations and market volatility. The exchange is currently keeping its options open regarding which board to list on, though it prefers the Kosdaq over the larger Kospi market.

The success of this timeline depends on both internal execution and the broader South Korean market environment. With new crypto taxes set to arrive in 2027 and a competitive landscape in flux, the company is positioning itself to meet institutional standards early. Investors will be watching to see if the exchange can maintain this momentum while navigating upcoming regulatory changes.