The Korean cryptocurrency market has long maintained an aura of mystery and exclusivity. Shaped by unique cultural, demographic, and policy conditions, it operates under distinct rules that create high barriers for foreign projects seeking entry. Yet, these same factors have fostered Korea’s exceptionally mature crypto trading ecosystem.
In the global adoption of cryptocurrencies, Korea plays an indispensable role. 2018 statistics revealed that Koreans exhibit high receptiveness to new technologies and digital assets. Despite having just 50 million people, the country accounted for ~30% of global crypto trading volume, with ~30% of working professionals owning or having traded cryptocurrencies.
Bithumb Family: A New Chapter in Digital Finance
On November 6, Seoul hosted Bithumb’s global strategy launch event, marking the official debut of Bithumb Family—a digital finance ecosystem spearheaded by the exchange. This initiative seamlessly integrates blockchain technology with diverse financial applications to deliver enhanced user services. Attendees included:
- Korean government officials
- Leading investment institutions
- Traditional financial entities
- Prominent media representatives
- Industry thought leaders
- Hundreds of blockchain professionals
Why This Matters
As blockchain technology accelerates worldwide, digital finance expands rapidly. With growing crypto asset adoption and improving regulatory frameworks, Bithumb strategically positions itself from Korea to global markets through Bithumb Family.
Ecosystem Components
CMO Sunny Ng outlined Bithumb Family’s structure during his keynote, highlighting these key members:
| Service | Description |
|---|---|
| Bithumb Global | Distributed centralized exchange offering deep liquidity |
| Bithumb DEX | Decentralized trading platform |
| Bithumb Custody | Secure asset custody solution |
| Bithumb STO | Security token offering compliant with local regulations |
| Bithumb OTC | Real-time liquidity for institutional over-the-counter trading |
Javier Sim, Co-founder of Bithumb Global, emphasized:
"Our mission is unifying crypto communities via a transparent, equitable platform while building a globally distributed digital asset ecosystem."
Bithumb Global’s Unleash Strategy focuses on localized development and compliance-driven international expansion.
The Backbone: Bithumb Chain
Bithumb’s proprietary Bithumb Chain powers the ecosystem by:
- Facilitating cross-chain value/information flow
- Supporting PSP (Profit Sharing Protocol) transactions
- Offering EaaS (Exchange-as-a-Service) for one-click exchange setups
👉 Discover how Bithumb Chain redefines blockchain infrastructure
Blockchain’s Paradigm Shift
Unlike traditional internet (information transfer), blockchain enables value transfer—revolutionizing:
- IoT
- Finance
- Healthcare
- Education
- Copyright management
FAQ
Q: How does Bithumb Family benefit users?
A: It provides secure, diversified services from trading to custody under one trusted umbrella.
Q: What makes Bithumb Chain unique?
A: Its PSP protocol and EaaS model empower partners to launch exchanges effortlessly while earning through customized fee structures.
Q: Is Bithumb Global available worldwide?
A: Yes, with localized adaptations to meet regional compliance and user needs.
Q: How does Bithumb ensure asset security?
A: Through multi-layered custody solutions and institutional-grade protocols.
Risk Disclosure
Cryptocurrency investments carry substantial risk due to price volatility. Investors may lose their entire capital. Always assess risks prudently.