Acquiring Company
Mirae Asset Group
Acquired Company
Korbit
India
South KoreaInvestment ManagementBlockchainCryptocurrencyDescription
Mirae Asset Group has completed its acquisition of the South Korean crypto exchange Korbit, raising its ownership to 97.15%. Following the takeover, Mirae will inject 50 billion won into the newly named Digital X to improve its financial structure and address operational needs. The South Korean Fair Trade Commission approved the acquisition, citing minimal competition risk. The strategic move aims to enhance Mirae's position in the cryptocurrency market.
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Based on deal dataFrequently asked
Who acquired Korbit?
Korbit was acquired by Mirae Asset Group, based in India. The deal was reported on August 13, 2026. Mirae Asset Group is a leading financial services firm in South Korea, known for its diverse offerings in asset management and investment. Mirae Asset Group is privately held and operates in Investment Management.
When did Mirae Asset Group acquire Korbit?
Mirae Asset Group's acquisition of Korbit was reported on August 13, 2026. Mirae Asset Group has completed its acquisition of the South Korean crypto exchange Korbit, raising its ownership to 97.15%. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Korbit do?
Korbit is one of the largest cryptocurrency exchanges in South Korea, providing trading services for various digital assets. It is known for its robust security features and user-friendly platform. It is privately held, operating in Blockchain, and is based in South Korea.