That's another way to do it 👌🏻

Crypto exchange Bithumb is looking to go public via a reverse IPO through the acquisition of an investment firm called Blockchain Industries. Blockchain Industries has already signed a binding letter of intent (LoI) agreement with the holding company of Bithumb, BTHMB Holdings. 🤝

Once the deal is processed, which is anticipated to be 1 Mar, the combined entity would be known as Blockchain Exchange Alliance (BXA). BXA could become the first U.S.-listed crypto exchange. ⚡

According to Blockchain Industries' CEO Patrick Moynihan, the deal will help the blockchain sector by bringing "more advanced technology and better compliance practices into the public marketplace via a consolidated focus.” Through the deal, BTHMB Holdings plans to expand its business operations in North America. 

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