Mirae Asset strengthens its presence in the South Korean crypto market through the acquisition of Korbit

2026-01-13 08:43:48

Abstract generation in progress

The financial conglomerate Mirae Asset is taking a significant step into the digital asset market by completing the acquisition of a controlling stake in the cryptocurrency platform Korbit. According to sources, the investor will gain access to 92% of the exchange’s shares, solidifying its position among the major players in the local crypto market.

Deal Structure and Investment Volume

The deal involves two separate transactions: purchasing 60.5% of the shares from investment company NXC and 31.5% from media company SK Planet. The total acquisition cost amounts to 140 billion won, approximately equivalent to 97 million US dollars. This investment demonstrates Mirae Asset’s serious intent to strengthen its presence in the digital asset ecosystem in the region.

Strategic Significance for the Market

For the financial group Mirae Asset, this deal represents a key opportunity to diversify its asset portfolio and expand influence in the rapidly growing segment of cryptocurrency services. Korbit, being one of South Korea’s oldest cryptocurrency exchanges, has an established reputation and a substantial user base, making the platform an attractive asset for institutional investors.

This development indicates a growing interest among large financial corporations in the cryptocurrency sector and suggests a potential increase in investment activity and professionalism in the South Korean local crypto market.

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