《Power Shift in South Korea's Crypto Market: Traditional Finance Seizes the Gateway to Digital Assets》 (Author: Tiger Research; Translated by Deep Tide TechFlow) South Korea's crypto market is shifting from being retail-driven to institution-driven. Currently, 150 institutions are involved in 196 collaborations, competing over infrastructure like STOs, stablecoins, and custody services. Hana Bank acquired a 6.55% stake in Dunamu (parent company of Upbit) for approximately 1 trillion KRW ($720 million), while Mirae Asset plans to acquire a 92.06% stake in Korbit. The core of this institutional battle is the gateway to future digital asset finance, as trading volume on South Korea's top five exchanges has dropped by about 48% year-on-year. Read the full article: https://www.(wublock123.com)/articles/article-59048