Loading...
Kiwoom Securities is in talks with Bithumb regarding a third-party private placement, with plans to invest through subscription of new shares. The specific shareholding ratio and investment scale are still under negotiation. The South Korean financial regulatory authorities are advancing the second phase reform of the Virtual Asset Law, which plans to set the upper limit of the shareholding ratio of the main shareholders of the exchange at 20%, with exceptions being relaxed to 34%. Bithumb Holdings, the current largest shareholder of Bithumb, holds 73.56% of the shares. Bithumb is advancing its KOSDAQ listing plan, with Samsung Securities as the main underwriter.