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Korean Exchange Bithumb Eyes Nasdaq Listing After Shelving KOSDAQ IPO Plans
1.10.2024
Bithumb, one of South Korea’s largest cryptocurrency exchanges, is considering a listing on the U.S. Nasdaq exchange after shelving its initial plans for an IPO on the South Korean KOSDAQ market. The decision was discussed during a shareholder meeting on September 30, 2024, as part of Bithumb’s...
Web3 Game Developer Wemade Reports Widening Losses in Q4 2023
6.2.2024
South Korean Web3 game developer Wemade has disclosed a significant increase in operating and net losses in the fourth quarter of last year, as per its latest earnings report. According to the report released on Tuesday, the Kosdaq-listed company’s net loss surged to 189.5 billion won ($142.6...
South Korean Crypto-related KOSDAQ Stocks Soar on Bitcoin ETF News
12.1.2024
Source: mirsad/Adobe South Korean crypto-related KOSDAQ stocks “soared” on the news of the US Securities and Exchange Commission (SEC)’s approval of 11 Bitcoin spot ETFs. No South Korean crypto firm has yet floated on the Korean Exchange. However, several listed companies have...
Bithumb Plans IPO In Korea, Eyes Top Spot in Local Market
13.11.2023
Source: Timon/Adobe Cryptocurrency exchange, Bithumb is keen on becoming the first industry-related company to get listed on the Korean Securities Dealers Automated Quotations (KOSDAQ). According to reports from local news outlet Edaily, the exchange has made concrete plans including hiring staff...
South Korean Crypto Exchange Bithumb Eyes IPO in Move to Challenge Upbit’s Market Dominance
13.11.2023
Local reports suggest that Bithumb, a prominent crypto exchange in South Korea, is contemplating a public listing in 2025. Insider information indicates that Bithumb is considering a debut on Kosdaq and might transition to the Korea Exchange (KOSPI) platform in the future. Bithumb Targets Kosdaq...
Startup Aims to Become First South Korean Crypto Player to List on KOSDAQ Exchange
13.9.2022
A South Korean crypto and blockchain startup is aiming for the KOSDAQ, the country’s stock exchange, and could become the nation’s first publicly listed company.
The company, named Blocko, has hired one of the nation’s top financial firms – Shinhan Financial Investment – to manage the listing...