Bithumb Targets 2028 IPO, Plans K-IFRS Adoption and Listing Review Next Year

Bithumb sets 2028 IPO goal, committing to K-IFRS adoption this year and a preliminary listing review next year. The roadmap aims to enhance transparency and align with global standards for institutional approval.

Woofun AI reports that South Korean exchange Bithumb has announced an intention to pursue an initial public offering, targeting completion in 2028. The outlined roadmap involves strengthening internal controls and adopting K-IFRS accounting standards this year, followed by filing for a preliminary listing review next year. The exchange plans to finalize internal control improvements in 2025 to prepare for the formal screening process. Bithumb has not specified the listing venue, potential underwriters, or valuation details, noting that the timeline remains subject to market conditions and regulatory outcomes.