South Korea's major financial player Mirae Asset Group is making moves in crypto. They're in acquisition talks with Korbit, the nation's fourth-largest exchange. An MOU has already been signed between Mirae Asset Consulting and key shareholders. Here's the ownership breakdown: NXC and its subsidiaries currently control roughly 60.5% of Korbit, while SK Square holds around 31.5%. This deal could reshape the Korean exchange landscape if it goes through. Worth watching how this plays out.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
6
Repost
Share
Comment
0/400
PanicSeller
· 4h ago
Korean financial giants are entering the market again. This time, let's see if Korbit can turn things around.
View OriginalReply0
VitalikFanAccount
· 13h ago
Oh my god, is Mirae Asset really stepping out? Is this the end of the leek field again?
View OriginalReply0
gaslight_gasfeez
· 13h ago
These big shots in Korea finally can't sit still and are coming to get involved in crypto.
View OriginalReply0
GasWhisperer
· 13h ago
mirae asset actually moving on this? ngl the ownership split looks messy - 60.5% + 31.5% leaves barely room to maneuver. wonder if this is just another institutional facade or if they're actually committing real capital here. korean exchanges always have that weird vibe where everything takes three times longer to execute than the narrative suggests. watching the mempool on this one...
Reply0
SatoshiHeir
· 13h ago
It should be pointed out that the involvement of Korea's traditional financial giants in exchanges fundamentally reflects a phenomenon I have argued about a thousand times—the fiat world is being forced to acknowledge the legitimacy of on-chain value. Obviously, this is not an acquisition; it's a surrender.
View OriginalReply0
WalletAnxietyPatient
· 14h ago
Wow, Korea is making big moves again, with traditional finance entering the crypto space.
South Korea's major financial player Mirae Asset Group is making moves in crypto. They're in acquisition talks with Korbit, the nation's fourth-largest exchange. An MOU has already been signed between Mirae Asset Consulting and key shareholders. Here's the ownership breakdown: NXC and its subsidiaries currently control roughly 60.5% of Korbit, while SK Square holds around 31.5%. This deal could reshape the Korean exchange landscape if it goes through. Worth watching how this plays out.