Bithumb to split off non-trading platform business units as it pushes for IPO

according to TheBlock, one of South Korea's major cryptocurrency exchanges, Bithumb, has restarted its business split plan, aiming to refine and strengthen its various business segments, while preparing for its first initial public offering (IPO) this year.

According to a statement released by Bithumb on Monday, the previously postponed split plan will take place on July 31, 2025. The newly split entity is named BithumbA, but its official English name has not been announced yet.