South Korean cryptocurrency exchange Bithumb announced that it will spin off its non exchange business and establish a new company called "Bithumb A" on July 31, 2025, in order to enhance the independence and operational efficiency of its various business segments. This divestment is in preparation for its IPO, with plans to list on the local market in the second half of this year, and Nasdaq is also considering it. Bithumb's net profit reached $110 million last year, a year-on-year increase of 560%. （TheBlock） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=41286