South Korean media: Bithumb Korea is looking to list, but there is still a lot of uncertainty

BlockBeats - According to A June 24 Report by Moneytoday, Bithumb Korea, the operator of cryptography trading platform Bithumb, recently selected Samsung Securities as a listed company and has begun an IPO.

Bithumb Korea, which runs Bithumb, recently chose Samsung Securities as a listed company and has begun an IPO. Bithumb Korea is a company founded in January 2014 that operates the cryptocurrency trading platform Bithumb. Bithumb's largest Shareholder in South Korea is Bithumb Holdings, the former BTC Holding Company, with a 74.1 per cent stake through the end of 2019. Bitsum Holdings' largest shareholder is KOSDAQ's listed Visdent, with a 34.2 per cent stake through the end of 2019.

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Securities industry insiders, however, are not optimistic about the ipo plans, which could be affected by an unclear shareholder structure and some internal disputes. "If Bithumb does an IPO, there will be market and valuation issues, but there will be a lot of variables, such as internal issues and the uncertainty of the virtual currency itself," said an official at the securities firm.

The original address: https://news.mt.co.kr/mtview.php? No = 2020062410552616540 & amp; MTS_P

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