Bithumb Korea announced a demerger today. The new entity, tentatively named Bithumb Investment, will handle holding, investment, and real estate leasing businesses. Bithumb Korea will continue its core business of exchange operations. The split aims to enhance specialization and management efficiency for the new entity while facilitating Bithumb Korea's IPO and fostering new growth engines. The IPO is planned for the second half of 2025. The split ratio is 6:4 between the surviving and new entities, effective June 13th. Shareholders will receive new shares accordingly, with finalization set for an extraordinary general meeting on May 10th. Bithumb emphasized the decision's focus on improving management efficiency and enabling independent operations for each entity.

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