Bithumb eyes 2028 IPO with governance overhaul

Bithumb, South Korea’s second-largest cryptocurrency exchange, said Tuesday it aims to go public by 2028 after strengthening its governance, internal controls and financial reporting. Under its roadmap, Bithumb plans to upgrade its internal control systems and adopt Korean International Financial Reporting Standards this year. It will seek a preliminary listing review in 2027 and target an IPO the following year. The company cautioned that the timetable could change depending on market condition