According to news1, a Korean media outlet, Bithumb's net profit is estimated at 161.8 billion Korean won (approximately $110 million), representing a 565.8% year-on-year increase. The crypto exchange plans to go public in the second half of 2025, with a potential listing on Nasdaq.

Previously, Upbit's parent company, a Korean crypto exchange, announced last week that its full-year 2024 operating profit reached $809 million, a year-on-year increase of 85%, with a net profit of approximately $671 million.