Bithumb aims for an IPO on the Nasdaq after profits surged to 110 million dollars

After this July, #Bithumb will officially separate its non-trading operations into a distinct entity called “Bithumb A.” The goal is very clear: to protect the core cryptocurrency trading platform from risks associated with other projects of Bithumb in operation. Bithumb will retain 56% ownership stake, while the new entity will hold 44%.