Korbit Rebrands as Digital X Under Mirae Asset Group

South Korea's Korbit crypto exchange is undergoing a significant transformation after being acquired by Mirae Asset Group. The company will rebrand as Digital X, according to an internal email from Mirae Asset founder Park Hyeon-joo.

Park described Digital X as central to the group's 'Mirae Asset 3.0' strategy, which aims to combine digital assets with traditional finance.

The exchange plans to expand into real-world asset (RWA) tokenization, security token offerings, stablecoins, and traditional asset products.

Park emphasized that Digital X would prioritize anti-money laundering controls, customer verification, information security, and fraud detection as South Korea develops its crypto and tokenized securities rules.