Bithumb Korea Co., Ltd.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Bithumb Korea Co., Ltd. - overview
Established
2014
Location
Seoul, -, South Korea
Primary Industry
Financial Services
About
Based in Seoul, South Korea, and founded in 2014, Bithumb Korea Co. , Ltd. , formerly known as BTC Korea. com, operates as a financial trading platform.
In 2018 the company launches payment services globally for the shopping platform. In March 2022, the company raised a venture capital investment from new investor OGQ Corp. As of July 2022, the firm is led by the chief executive officer Jaewon Lee. The company is into a trusted virtual asset exchange by the trading platform.
It provides products and services like auto trading, BTC open, staking, Bithumb prime, and flat-rate coupons. It has 24/7 customer support to reduce customer inconvenience. Customers can buy and sell virtual assets online at any value price. The firm provides services like a strong financial structure, a customer asset protection system, and 24-hour security monitoring.
As of the end quarter of 2021, the company’s sales and net profit recorded KRW 753. 9 billion and KRW 768. 4 billion respectively. Bithumb Korea Co.
, Ltd. plans to use the March 2022 investment to link its NFT market and OGQ's intellectual properties.
Current Investors
SBI Investment Korea, Shinhan Venture Investment, Korea Investment Partners
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.bithumb.com
Verticals
Blockchain, FinTech, FinTech, Mobile Apps
Company Stage
Series A
Total Amount Raised
Subscriber access only
Bithumb Korea Co., Ltd. - timeline of key events
Bithumb Korea Co., Ltd. - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 333,416,345,463 | 391,669,679,333 | 144,612,178,106 | 218,567,994,781 | 1,009,925,022,652 | 320,103,289,455 | - | - | - |
| % Revenue Growth (YoY) | - | 17.5% | (63.1%) | 51.1% | 362.1% | (68.3%) | - | - | - |
| EBITDA (USD) | 265,508,849,621 | 260,605,633,101 | 74,610,129,899 | 156,766,526,847 | 790,352,611,683 | 172,021,846,174 | - | - | - |
| Operating Income (USD) | 265,138,565,559 | 256,064,752,456 | 67,790,342,595 | 149,234,882,285 | 782,145,975,287 | 163,482,632,974 | - | - | - |
| Operating Margin | 79.5% | 65.4% | 46.9% | 68.3% | 77.4% | 51.1% | - | - | - |
| % EBITDA Margin | 79.6% | 66.5% | 51.6% | 71.7% | 78.3% | 53.7% | - | - | - |
| NET Income (USD) | 534,889,875,494 | (205,498,306,822) | (37,295,672,558) | 141,127,825,620 | 648,360,559,033 | 95,352,048,700 | - | - | - |
| % Net Margin | 160.4% | (52.5%) | (25.8%) | 64.6% | 64.2% | 29.8% | - | - | - |
Bithumb Korea Co., Ltd. - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.