Bithumb announced that its IPO plan is expected to be delayed until 2028, further postponing from the previous target of going public in the second half of 2025. The company is currently still in the preparation stage, focusing on improving accounting policies, internal controls, and internal review processes, and has signed an advisory agreement with Samjong KPMG until 2027. Although its 2025 revenue is approximately 651 billion KRW (about $430 million), with a market share exceeding 30%, recent internal issues and regulatory pressures continue to impact the listing process. (The Block)