Mirae Asset Group acquires controlling stake in South Korea's first crypto exchange Korbit

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Korbit, South Korea's oldest cryptocurrency exchange, has become part of Mirae Asset Group following an acquisition deal. This marks the first time a traditional South Korean financial conglomerate has taken a controlling stake in a domestic crypto exchange. Mirae Asset Group is a major financial powerhouse with assets valued at approximately $1 trillion. The move signals growing institutional interest from conventional finance players in South Korea's cryptocurrency sector.

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