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Bithumb IPO Plans Accelerate

Bithumb set to spin off investment biz in IPO push

Local crypto exchange Bithumb Korea on Friday announced that the company will spin off its holdings business in a move to increase growth and accelerate its stock market debut planned for next year. Bithumb Korea will separate its holdings business under a new name, tentatively coined Bithumb Investment, the company said through a regulatory filing. The newly launched unit will take over the holdings, investments and.

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