Korea's financial group Mirae Asset Group is accelerating its acquisition plan for the Korbit exchange. The consulting division of Mirae Asset has reached a letter of intent with Korbit's major shareholders regarding equity acquisition.

In the current equity structure, NXC and its subsidiaries hold approximately 60.5% of the shares, while SK Square owns about 31.5%. The expected transaction amount for this acquisition is between 100 billion and 140 billion Korean won(, approximately $70 million) USD.

This move is quite interesting — as one of Korea's traditional financial groups, Mirae Asset's entry indicates that mainstream financial institutions are shifting their attitude towards crypto exchanges. Korbit, as Korea's fourth-largest exchange, has a significant presence in the domestic market. Such acquisition cases are emerging in various countries, reflecting traditional financial giants' increasing focus on digital asset trading platforms. Through this transaction, Mirae Asset can quickly enter the cryptocurrency trading business, while Korbit gains stronger funding and risk management support. The entire process still depends on the approval progress of regulatory authorities.