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.

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PanicSellervip
· 4h ago
Korean financial giants are entering the market again. This time, let's see if Korbit can turn things around.
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VitalikFanAccountvip
· 13h ago
Oh my god, is Mirae Asset really stepping out? Is this the end of the leek field again?
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gaslight_gasfeezvip
· 13h ago
These big shots in Korea finally can't sit still and are coming to get involved in crypto.
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GasWhisperervip
· 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...
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SatoshiHeirvip
· 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.
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WalletAnxietyPatientvip
· 14h ago
Wow, Korea is making big moves again, with traditional finance entering the crypto space.
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