Mirae Asset Group Completes Acquisition of 92% Stake in South Korea's Fourth-Largest Exchange Korbit

Odaily News: Mirae Asset Consulting, a subsidiary of Mirae Asset Group, announced the acquisition of 26.91 million shares of Korbit, South Korea's fourth-largest cryptocurrency exchange, for 133.5 billion won (approximately $100 million). Upon completion of the transaction, Mirae Asset Consulting will hold a 92.06% stake in Korbit. It is reported that this acquisition covers all shares previously held by the former largest shareholder NXC (parent company of Nexon) and SK Square. Mirae Asset stated that this move aims to secure future growth drivers based on digital assets.