Mirae Asset chairman sets 150 trillion won digital-asset business target

Mirae Asset Financial Group founder and Chairman Park Hyeon-joo has set a 150 trillion won (about $109 billion) scale target for the group’s digital-asset business, with recently rebranded crypto exchange Digital X as the primary vehicle and a core pillar of “Mirae Asset 3.0.” Speaking at an employee event in Seoul, Park said the unit should reach profitability in 2027 and draw on Mirae’s roughly 1,500 trillion won in client assets—about 10% of that base—while the group has not published a timetable or product-level breakdown for the full target. Digital X, formed after Mirae Asset Consulting bought a 97.15% stake in Korbit for a cumulative 141.4 billion won and renamed the operator, will span cryptocurrencies, stablecoins, real-world assets and security token offerings, and plans to tokenize commodities including gold, silver and electricity. Korbit, founded in 2013 as South Korea’s first crypto exchange, held only about 0.5% of the country’s crypto trading market in 2025 and posted roughly 9.8 billion won in operating revenue against a 15.4 billion won operating loss that year. Digital X has waived trading fees on all won-denominated assets through Aug. 24, 2027, after a 50 billion won capital injection, while Mirae has also considered further support of up to 300 billion won.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.