Bithumb Restructures Ahead of IPO, Plans to Spin Off Non-Exchange Units
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South Korean crypto exchange Bithumb announced a corporate restructuring, set to complete by July 31, 2025. The company will spin off non-exchange businesses into a new entity called “Bithumb A” to reduce risks and boost efficiency. This move is part of Bithumb’s preparation for its planned IPO, which could take place in the Korean market or on Nasdaq. Last year, Bithumb reported a net profit of $110 million, a 560% increase from the previous year.
Why SUI, Solana’s Biggest Rival, Could Skyrocket to $10 – Here’s Why!
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National Trump Bitcoin Reserve to Launch in 2025? Kalshi Predicts a 50% Chance
The post National Trump Bitcoin Reserve to Launch in 2025? Kalshi Predicts a 50% Chance appeared fir...
Ripple’s Massive $4M Gift to Trump Inauguration Draws Scrutiny
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