Asia Edition

Mirae Asset Consulting has completed its takeover of Korbit, South Korea's oldest cryptocurrency exchange, raising its stake to 97.15% after KFTC antitrust clearance on July 9. The deal, worth roughly $105 million in total, marks the first direct ownership of a licensed virtual asset platform by a major Korean financial conglomerate. Mirae is targeting stablecoins, custody, and real-world asset tokenization as it bets on an institutional future for Korean crypto.