The South Korean crypto exchange outlined a three-stage timetable that starts with internal control upgrades and K-IFRS conversion work in 2026.
Bithumb has formally announced plans for an initial public offering and laid out a three-step schedule for the listing process. The South Korean crypto exchange said it aims to complete internal control improvements and prepare for conversion to K-IFRS (Korean International Financial Reporting Standards) in 2026, submit a preliminary listing review application in 2027, and complete a formal listing in 2028. To support the IPO, Bithumb said it has begun a series of reforms, including introducing an institutional-grade risk management system, advancing a spin-off of its subsidiary Bithumb Asset to improve governance, working with major domestic and overseas securities firms and law firms, and broadening its investor relations (IR) channels. The company said the IPO is intended to raise transparency and investor protection through institutional financial standards and help lift the overall credibility of South Korea's crypto asset industry.