Bithumb Restructures Ahead of IPO, Plans to Spin Off Non-Exchange Units
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South Korean crypto exchange Bithumb announced a corporate restructuring, set to complete by July 31, 2025. The company will spin off non-exchange businesses into a new entity called “Bithumb A” to reduce risks and boost efficiency. This move is part of Bithumb’s preparation for its planned IPO, which could take place in the Korean market or on Nasdaq. Last year, Bithumb reported a net profit of $110 million, a 560% increase from the previous year.
Ripple’s Stablecoin RLUSD Joins Aave V3 with $50M Supply Cap
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Nearly 100M Solana Moves To Binance- Should You Worry About the SOL Price Rally?
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Bitcoin Price to Dip to $76K Before Bull Run, Says Top Analyst
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