Mirae Asset Unveils $109 Billion Plan for Crypto and Tokenization
Mirae Asset is planning to build a significant digital asset business around Digital X, its recently acquired cryptocurrency exchange. The financial group has set aside $109 billion for this endeavor and aims to tokenize various physical assets such as gold, silver, and electricity.
The expansion plans follow Mirae Asset Consulting's acquisition of a 97.15% stake in Korbit, rebranded as Digital X, for approximately $141.4 billion won. Founded in 2013, Korbit was South Korea's first cryptocurrency exchange but accounted for only 0.5% of the country's cryptocurrency trading market in 2025.
Mirae Asset founder and chairman Park Hyeon-joo outlined the plans at a Digital X employee event in Seoul on Wednesday, stating that their initial goal is to make Digital X a core pillar of 'Mirae Asset 3.0.'