Bithumb Korea Announces Demerger Plans for Enhanced Business Focus and IPO Preparation

Bithumb Korea announced a demerger today, creating a new entity tentatively named Bithumb Investment. The new entity will handle holding, investment, and real estate leasing businesses, while Bithumb Korea will continue exchange operations and core business. The split aims to enhance specialization and management efficiency. Bithumb Korea plans to pursue IPO and new growth engines by separating its flagship crypto exchange business. An IPO is scheduled for the second half of 2025. The split ratio is approximately 6:4, with a split date of June 13th. Shareholders will receive new shares in proportion to their holdings. The decision aims to improve management efficiency and allow independent operations for each business segment.

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