Mirae Asset Transforms Korbit into Intelligent Investment Platform
Mirae Asset has acquired Korbit, South Korea's oldest crypto exchange, and plans to rebrand it as Digital X. The firm aims to turn Digital X into an 'intelligent investment platform' that integrates real-world assets, security tokens, stablecoins, traditional assets, and digital assets in a single ecosystem.
The goal is not to compete directly with dominant exchanges like Upbit and Bithumb, but to promote sustainable growth of the digital asset industry in South Korea. Mirae Asset plans to focus on investor education, research, strict compliance standards, and institutional-grade infrastructure to support this growth.
Mirae Asset's affiliate, Mirae Asset Consulting, acquired 97.15% of Korbit's shares after receiving regulatory approval from South Korea's Fair Trade Commission. The acquisition marks the beginning of a new chapter for Korbit as Digital X, with plans to strengthen investor education and research capabilities.