Bithumb, a South Korean exchange, has set a timetable for its initial public offering (IPO), targeting 2028, according to reporting from CoinTelegraph.
The exchange plans to seek a preliminary listing review in 2027 as part of its IPO preparations. This move comes as Bithumb works to overhaul its internal controls following a crediting error that occurred in February.
The overhaul of internal controls is likely aimed at strengthening the exchange's operational framework and ensuring the accuracy of its transactions and accounting processes.