Mirae Asset to Acquire South Korean Cryptocurrency Exchange Korbit for Around $100 Million

BlockBeats News, December 28. According to Cointelegraph, the South Korean financial group Mirae Asset is in negotiations to acquire South Korea's fourth-largest cryptocurrency exchange platform, Korbit, with a transaction valuation of approximately 100 billion to 140 billion South Korean won (about 70 million to 100 million US dollars). The report stated that the potential acquisition will be led by Mirae Asset Consulting, a non-financial subsidiary of Future Asset Group, which has signed a memorandum of understanding with Korbit's major shareholders.

Public information shows that Korbit is currently held by NXC and its subsidiary Simple Capital Futures, holding approximately 60.5% of the shares, while SK Square holds about 31.5%. The report points out that Korbit holds a complete operating license and compliance system, making it attractive to large financial groups looking to enter the digital asset field in a compliant manner.