TechFlow news: South Korean cryptocurrency exchange Bithumb has announced a major transformation as its top priority to celebrate its 10th anniversary, including eliminating cryptocurrency trading fees, pursuing an IPO, and establishing a public welfare foundation.
The company aims to conduct its initial public offering (IPO) in the second half of 2025 to demonstrate management transparency. In preparation for the IPO, it plans to adjust its shareholding structure through consultations with shareholders. Meanwhile, it will invest 10 billion KRW to establish the "Bithumb Sharing Foundation," which will create high-quality job opportunities to revitalize employment for people with disabilities, fund facilities for disability welfare, support self-reliance among vulnerable groups, and donate essential living supplies as part of its social contribution initiatives.
