Mirae Asset Acquires Korbit and Rebrands as Digital X

Mirae Asset, one of Asia's largest independent financial groups, has completed a 97.15% acquisition of Korbit and rebranded it as Digital X.

This marks a significant milestone in South Korea, as Mirae Asset is the first traditional Korean financial group to take control of a domestic crypto exchange.

The acquisition was approved by South Korea's Fair Trade Commission and brings Mirae Asset's total holding in Korbit to 97.15%.

Mirae Asset plans to use Digital X as the infrastructure layer for a wider ecosystem, focusing on real-world asset tokenization, security tokens, stablecoins, and investment products that bridge traditional and digital finance.