Coincheck's Upcoming Nasdaq Listing 🚀
Japanese crypto exchange Coincheck is set to list on Nasdaq as soon as next month, following SEC approval. This move could inspire domestic exchanges like Bithumb to consider similar opportunities.

Bithumb's Dual Track for IPO and Nasdaq 📈
Bithumb is reportedly pursuing both a domestic IPO and a Nasdaq listing. Despite challenges like complex governance structures and legal risks, the exchange remains focused on its IPO preparation and aggressive expansion efforts.

Evaluating the Potential of Upbit 💭
While Upbit might have a greater potential based on performance and scale, it doesn't seem to prioritize an IPO. A successful listing on Nasdaq could significantly impact the crypto market's dynamics.

The Valuation Discrepancy 💰
Coinbase's market capitalization stands at around $90 billion, while Dunamu (Upbit's parent company) is valued at about $3.5 billion. This valuation gap raises questions about the potential impact of a successful IPO on domestic exchanges.

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