Bithumb Targets 2028 IPO as Crypto Industry Seeks Mainstream Validation

South Korean cryptocurrency exchange Bithumb has set its sights on going public by 2028, according to reports. The exchange aims to list on a stock market in eight years' time, but no further details have been provided about which specific market it plans to target.

The move comes as the global cryptocurrency industry continues to evolve and mature. Bithumb's decision to pursue an initial public offering (IPO) reflects the growing trend of exchanges seeking to raise capital through traditional financial channels.