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Bithumb will split its non-trading platform business unit as it moves ahead with IPO

Online reports, according to TheBlock, Bithumb, one of South Korea's major cryptocurrency trading platforms, has restarted its business splitting plan, aiming to refine and strengthen its various business segments while preparing for an initial public offering (IPO) this year. According to a statement released by Bithumb on Monday, the previously postponed split plan will take place on July 31, 2025. The newly split entity was named BithumbA, but its official English name has not yet been announced.

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