PANews|Jul 09, 2026 01:42
[Mirae Asset Group of South Korea Approved to Acquire 92.06% Stake in Korbit for 133.4 Billion KRW]
According to Etoday, South Korean regulators have announced the approval for Mirae Asset Consulting, a subsidiary of Mirae Asset Group, to acquire a 92.06% stake in South Korean cryptocurrency exchange Korbit. The transaction amount is approximately 133.4 billion KRW (around $98 million). This deal marks the first acquisition of a virtual asset exchange by a traditional financial group in South Korea.
The Korea Fair Trade Commission also released market share data for South Korean cryptocurrency exchanges in 2025, showing:
- Upbit accounts for approximately 69%,
- Bithumb around 28%,
- Coinone about 2%,
- Korbit approximately 0.5%,
- Gopax around 0.1%.
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