Mirae Asset acquired a majority stake in Korbit for approximately $102 million, which has been renamed Digital X

Mirae Asset Consulting has acquired a majority stake in Korea's earliest cryptocurrency exchange, Korbit, increasing its shareholding to 97.15%, with a total transaction amount of approximately 141.4 billion Korean won, equivalent to about 9.5 million to 102 million USD at the exchange rate. The Korea Fair Trade Commission approved the transaction on July 9, 2026, believing that the acquisition is unlikely to limit competition and mentioned Korbit's approximately 0.5% market share in the Korean cryptocurrency trading market in 2025.

Mirae Asset stated that Korbit's operating entity, user deposits, and core trading services will remain unchanged for the time being, and customer assets will be isolated and safeguarded according to existing protection rules. Korbit will be renamed Digital X. Park Hyeon-joo, founder and Global Chief Strategy Officer of Mirae Asset, stated that Digital X is at the core of Mirae Asset's strategy 3, planning to connect real-world asset tokenization, security token issuance, stablecoins, traditional securities, and digital assets on the same platform. Mirae Asset indicated that Digital X is not aimed at surpassing Upbit or Bithumb in trading volume but is positioned as an infrastructure platform that combines its securities and asset management background with Korbit's digital asset operations. Digital X will currently operate based on Korbit's existing licenses and user base.