#Bithumb Establishes Investment Company#
Hot Topic Overview
Overview
South Korean cryptocurrency exchange Bithumb has transformed its defunct subsidiary Bithumb Meta into Bithumb Partners and is moving forward with its investment business. Bithumb Partners will be primarily responsible for investing Bithumb's own funds in stocks, bonds, and other short-term debt securities, differentiating itself from Bithumb Investment, which is primarily responsible for investing in external companies. Bithumb Partners' registered capital has been increased to 300 billion won (approximately $20.4 million). Industry insiders point out that Bithumb's establishment of an investment subsidiary may be related to its initial public offering (IPO) this year, and the market is paying close attention to this move.
Ace Hot Topic Analysis
Analysis
South Korean cryptocurrency exchange Bithumb has transformed its defunct subsidiary Bithumb Meta into Bithumb Partners and is moving forward with investment operations. Bithumb Partners will primarily be responsible for investing Bithumb's own funds in stocks, bonds, and other short-term debt securities, differentiating itself from Bithumb Investment, which is primarily responsible for investing in external companies. Bithumb Partners' registered capital has been increased to 30 billion won (approximately $20.4 million). Industry insiders point out that the establishment of this investment subsidiary may be related to Bithumb's planned initial public offering (IPO) this year, and the market is closely watching how the company will proceed with its subsidiary establishment and other initiatives.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bithumb established an investment company, Bithumb Partners, to invest its own funds in stocks, bonds, and other short-term debt securities.
Bithumb Partners will be separate from Bithumb Investment, a subsidiary that primarily focuses on investing in external companies, and will focus on internal investments.
The establishment of Bithumb Partners is related to Bithumb's plans to go public (IPO) this year.
The market is paying close attention to Bithumb's progress in establishing subsidiaries and other initiatives.