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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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