Korean exchange Bithumb moves closer to listing on Nasdaq after abandoning KOSDAQ IPO plans

Bithumb, one of South Korea’s largest cryptocurrency exchanges, is considering listing on the US Nasdaq after abandoning initial plans for an IPO on South Korea’s KOSDAQ market. The decision was discussed at a shareholder meeting on September 30, 2024, as part of Bithumb’s strategy to expand into the US market. The (…)