Bithumb Targets 2028 for Major Public Listing

Bithumb has confirmed plans to launch an initial public offering in 2028. The exchange intends to submit a preliminary listing review application by 2027 to set the stage for this transition to the public market.

To prepare for this move, the company is rolling out six major internal upgrades. These changes focus on improving overall transparency, tightening internal controls, and ensuring better safety for customer assets. These steps are likely aimed at meeting the strict regulatory standards required for a public company.

This move signals a push for maturity in the South Korean crypto industry. By going public, Bithumb hopes to build more trust with regulators and investors. Traders should watch for the preliminary filing in 2027, as it will be the next major milestone for the firm.