South Korean crypto exchange Bithumb has announced it is considering the possibility of listing on the US Nasdaq, a local publication has reported.
Last year it was reported that Bithumb planned to list on the South Korean Kosdaq in the second half of 2025, with Samsung Securities as its underwriter.
A Bithumb representative has expressed openness to all possibilities when deciding where to launch its IPO.
South Korea's strict regulations on cryptocurrencies may have hindered Bithumb's listing on the Kosdaq, as the country's regulators do not recognize cryptocurrencies as legitimate financial products.
Bithumb is currently the second largest spot cryptocurrency trading platform in South Korea.