Mirae Asset Group to Acquire 92% Stake in Crypto Exchange Korbit
Mirae Asset Consulting will purchase over 26 million shares from NXC and SK affiliates for 133.5 billion KRW, aiming to leverage digital assets for future growth.
Fact Check
Multiple independent and credible business and crypto news outlets—including The Block, Chosun Biz English, and MEXC News—consistently report that Mirae Asset Group (or its subsidiary Mirae Asset Consulting) acquired or is acquiring a 92% ownership stake in the South Korean cryptocurrency exchange Korbit. These outlets are authoritative within their domains and cite company disclosures or official announcements, suggesting that the acquisition has been formally announced or executed. The reports are mutually reinforcing, providing details on strategic rationale and transaction specifics, with no contradictory information found among the sources. One source from Mirae Asset’s official materials provides general corporate background but no denial or contradiction, which does not undermine the claim. Overall, the evidence is consistent, credible, and specific, leading to a high-confidence assessment that Mirae Asset Group indeed plans to, or has completed, the acquisition of a 92% stake in Korbit.
Summary
Mirae Asset Consulting, a subsidiary of South Korea's Mirae Asset Group, has decided to acquire a 92.06% stake in the cryptocurrency exchange Korbit. The transaction involves purchasing approximately 26.91 million shares from NXC and SK affiliates for 133.5 billion KRW. This acquisition is part of the firm's strategy to build future growth drivers through the digital asset sector.
Terms & Concepts
- Korbit: A South Korean cryptocurrency exchange platform that allows users to buy, sell, and trade digital assets.
- Mirae Asset Group: A major financial services group based in South Korea, engaging in asset management, investment banking, and other financial activities.