South Korean crypto exchange Bithumb, one of the world's largest exchanges by trade volume, is seeking a backdoor entrance to listing in the U.S. according to documents from the SEC. In a reverse merger, Bithumb will become a subsidiary of Blockchain Industries, which will rename to Blockchain Exchange Alliance (BXA). BXA would become the first publicly traded crypto exchange in the U.S. and is a faster process than the initial plan to list in Singapore.