Bithumb Sets Its Sights on a Historic 2028 IPOEnglish 日本語한국어繁體中文ไทยPortuguêsItalianoDeutschFrançaisEspañolBithumb, South Korea’s second-largest cryptocurrency exchange, announced on 3 August 2026 a three-phase roadmap targeting a 2028 initial public offering. In 2026, Bithumb will upgrade internal controls and convert its accounting from K-GAAP to Korean International Financial Reporting Standards. The mistake briefly crashed Bitcoin’s price on Bithumb’s won pair from roughly 98 million won to 81 million won. Bithumb Holdings currently holds a 73% ownership stake as part of an ongoing corporate restructuring to spin off non-exchange businesses under Bithumb A. Rival exchange Upbit, operated by Dunamu, is pursuing its own IPO through a partnership with Naver Financial.