According to the Chosun Ilbo, Mirae Asset Group is moving forward with the acquisition of Korea's fourth-largest cryptocurrency exchange, Korbit. Mirae Asset's subsidiary, Mirae Asset Consulting, has signed a Memorandum of Understanding (MOU) for equity acquisition with Korbit's major shareholders. Currently, NXC and its subsidiaries hold approximately 60.5% of Korbit, while SK Square owns about 31.5%. The transaction is estimated to be worth around 100 billion to 140 billion KRW (approximately $70 million to $100 million), with specific terms and the final deal still uncertain.
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According to the Chosun Ilbo, Mirae Asset Group is moving forward with the acquisition of Korea's fourth-largest cryptocurrency exchange, Korbit. Mirae Asset's subsidiary, Mirae Asset Consulting, has signed a Memorandum of Understanding (MOU) for equity acquisition with Korbit's major shareholders. Currently, NXC and its subsidiaries hold approximately 60.5% of Korbit, while SK Square owns about 31.5%. The transaction is estimated to be worth around 100 billion to 140 billion KRW (approximately $70 million to $100 million), with specific terms and the final deal still uncertain.