Bithumb Gobbles 25% of Crypto Market as IPO Looms—Wall Street Already Salivating
South Korea’s crypto giant Bithumb now commands a quarter of all trading volume—just as investment bankers start polishing their pitch decks for its 2025 public offering.
The exchange’s market share surge comes despite regulators breathing down its neck—proving once again that in crypto, compliance is optional until the IPO lawyers show up.
With retail traders flocking to its platform, Bithumb’s pre-IPO valuation could hit ’absurd’ territory—right on schedule for the next market cycle top.