KOSDAQ Crypto Treasury Companies Face Delisting as South Korea Raises Listing Thresholds on July 1

According to Chosun Ilbo, South Korea's revised listing rules take effect July 1, raising delisting risks for KOSDAQ-listed crypto treasury companies. BitMEX dropped 6.3% to 1,228 won as of June 29, falling below the minimum market cap threshold for the second half of the year. Parataxis Ethereum (26.8 billion won) and Bit Planet (33.1 billion won) remain above current minimums but fall short of the threshold to be raised in January 2027.

The delisting crisis stems from declining cryptocurrency prices combined with a 10% decline in KOSDAQ this year, with capital flowing toward large-cap stocks. Sustained market cap declines may force crypto treasury companies to enter delisting procedures beginning in early 2027.