Mirae Asset Group Chairman Park Hyeon-joo voiced a negative view of Bitcoin investment during a meeting with DigitalX employees in Seoul today, saying almost no one had made money and that the losses had been ruinous for many investors. He questioned why people borrowed to invest and said the approach should not be used for stocks or other assets. If DigitalX becomes profitable, it plans an additional capital increase of 200 billion won to 300 billion won ($149.8 million to $224.7 million) in the first quarter of next year, targeting strategic investors. A third-party allotment could also be offered to DigitalX customers, depending on conditions. Park said Mirae Asset has 1,500 trillion won ($1.12 trillion) in client assets under custody that will be digitized, and that DigitalX could become profitable in 2027 if Mirae Asset pursues capital increases and diverse global investments aggressively. He criticized South Korean exchanges for listing hundreds of altcoins without hesitation, calling the practice fraudulent from his perspective when low-quality coins left 80% to 90% of customers with losses. Park also said charging fees while recognizing the harm was criminal behavior. He said cross-border DeFi (decentralized financial services) would be difficult because countries including South Korea are unlikely to permit arrangements that weaken monetary policy and currency sovereignty. He sees a large opportunity for STOs (tokenized fractional ownership offerings) involving companies such as Samsung Electronics and SK Hynix, and said DigitalX should develop from conventional virtual-asset trading into an onchain finance platform covering RWA (real-world assets) and STOs.