Huo Xing Cai Jing reports that Mirae Asset has completed the acquisition of 97.15% of Korbit, South Korea’s first cryptocurrency exchange, and renamed it Digital X. The company plans to develop Digital X into a smart investment platform, integrating real-world assets, security tokens, stablecoins, traditional assets, and digital assets within a single ecosystem. Mirae Asset stated that it will not directly compete with dominant exchanges such as Upbit and Bithumb, instead focusing on investor education, research, stringent compliance standards, and institutional-grade infrastructure.
Mirae Asset Completes Acquisition of 97.15% Stake in Korbit, Renamed Digital X
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Summary
Mirae Asset has completed the acquisition of 97.15% of Korbit, South Korea’s first cryptocurrency exchange, and rebranded it as Digital X. The company aims to develop Digital X into a smart investment platform integrating real-world assets, security tokens, stablecoins, traditional assets, and digital asset news. Mirae Asset will not compete with major exchanges such as Upbit and Bithumb, but will instead focus on investor education, research, compliance, and institutional-grade infrastructure. The company also plans to explore opportunities in digital collectibles news as part of its broader strategy.
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