South Korean cryptocurrency exchange Bithumb has put dates behind its long-discussed public listing, outlining a three-stage plan that targets an initial public offering in 2028.
Key Takeaways
- Bithumb targets a 2028 IPO with a preliminary listing filing set for 2027.
- A February ledger error involving 620,000 BTC, near $43 billion, triggered an FSS review.
- Watch Bithumb’s 2027 filing and Korea’s 22% crypto tax starting January 2027.
- Rather than promising a quick path to market, the roadmap published by the South Korean exchange focuses on the less glamorous work that typically determines whether an exchange is ready to become a public company: stronger accounting, tighter internal controls and regulatory compliance.

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