Mirae Asset Crypto Acquisition: Why a $1T Giant Bought 97% of Korbit

South Korea’s oldest cryptocurrency exchange just got a new identity — and the ambitions behind it reach well beyond a simple name change. Mirae Asset, one of Asia’s largest independent financial groups, has completed a 97.15% acquisition of Korbit and rebranded the platform as Digital X, marking what regulators confirmed is the first time a traditional Korean financial group’s affiliate has taken a controlling stake in a domestic crypto exchange. This Mirae Asset crypto acquisition isn’t just a headline deal. It’s a structural bet on what South Korean finance looks like when institutional money meets digital infrastructure.

Key takeaways

• Mirae Asset Consulting acquired a 97.15% stake in Korbit, South Korea’s first crypto exchange, and rebranded it as Digital X.
• Digital X will focus on real-world asset tokenization, security tokens, stablecoins, and investment products bridging traditional and digital finance.
• The deal was approved by South Korea’s Fair Trade Commission — the first such acquisition by a traditional financial group affiliate in the country.
• Existing Korbit services including trading, deposits, and withdrawals will continue without disruption under the new ownership.
• Digital X is the centerpiece of Mirae Asset’s “3.0” strategy, which aims to merge three decades of global investment experience with digital asset capabilities.

Mirae Asset Acquires Korbit and Rebrands as Digital X

Korbit was founded in 2013 as South Korea’s first homegrown crypto exchange. More than a decade later, it has a new owner and a new name — one designed to signal a fundamentally different direction.

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