Will's Blog: A look at South Korea's Bithumb as it preps for a 2025 IPO; Kaiko says Bithumb held 36% of the country's crypto trading in Jan. 2024, up from 11.5% in Jan. 2023 (Sidhartha Shukla/Bloomberg)

20 May 2025

A look at South Korea's Bithumb as it preps for a 2025 IPO; Kaiko says Bithumb held 36% of the country's crypto trading in Jan. 2024, up from 11.5% in Jan. 2023 (Sidhartha Shukla/Bloomberg)

Sidhartha Shukla / Bloomberg:
A look at South Korea's Bithumb as it preps for a 2025 IPO; Kaiko says Bithumb held 36% of the country's crypto trading in Jan. 2024, up from 11.5% in Jan. 2023 — After years spent in the shadow of larger rival Upbit, crypto exchange Bithumb is clawing back a more meaningful share of South Korea's tightly held digital-assets market.

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