Bithumb, the second-largest cryptocurrency exchange in South Korea, adds SOPH tokens to the Korean won market, significantly strengthening its position locally.
Bithumb and SOPH Launch
Bithumb is actively expanding its market influence by adding SOPH tokens to the KRW market. This event coincides with the exchange's preparations for an anticipated IPO in late 2025, signaling a renewed local focus.
Expectations from SOPH Listing
The addition of SOPH to Bithumb's roster may boost local trading volumes and potentially influence Korean altcoin markets. This aligns with an ongoing strategy for market expansion and user engagement.
KRW Market Response to Listings
Historically, exchange listings have led to increased user engagement and trading volume. Experts note that Bithumb’s recent moves align with recovery trends observed in global crypto hubs. Support from Samsung Securities highlights confidence in the IPO strategy.
The SOPH listing on Bithumb underscores the exchange's intensified efforts to restore its status and expand its influence in the Korean cryptocurrency market as it gears up for its historic IPO.
