Report: Kiwoom Securities Eyes Bithumb Stake as Korea’s TradFi-Crypto Merger Picks up Speed
Key Takeaways Kiwoom Securities opened stake talks with Bithumb via private placement; no terms set as of June 29, 2026. Bithumb Holdings’ 73.56% stake must shrink under Korea’s Digital Asset Basic Act, which caps owners at 34%. South Korea’s FSC releases tokenized securities rules in July 2026, pushing brokers to lock in crypto stakes. Chosunbiz…