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Mirae Asset to Buy 92% of Korbit for About $93 Million in Regulated Crypto Push

The transaction positions the brokerage for tokenized securities by securing licensed exchange infrastructure through a non‑financial affiliate under Korea’s ownership rules.

Overview

  • Mirae Asset Consulting agreed to acquire 26.9 million Korbit shares from NXC‑linked entities and SK Square for a 92.06% stake, subject to regulatory and contractual approvals.
  • Mirae’s board approved the deal on February 5, with closing expected within roughly seven business days after conditions are satisfied.
  • Korbit is one of only five fully licensed Korean exchanges and has recently returned to profit despite holding about 1% market share and reporting near $60 million in recent 24‑hour volume.
  • The move aligns with the firm’s “Mirae Asset 3.0” strategy and follows its blockchain private digital bond issuance as Korea advances STO rules and discusses expanded institutional access in 2026.
  • The purchase price is approximately KRW 133.5 billion ($92–93 million), and a minority stake is reported to remain with Bitstamp, which is owned by Robinhood.