Summary

Mirae Asset completed its 97.15% acquisition of Korbit — South Korea's first acquisition of a crypto exchange by a traditional financial group — and rebranded it Digital X as the centerpiece of its "Mirae Asset 3.0" strategy, focused on RWA tokenization, security tokens, stablecoins and products linking traditional and digital assets.

Key Points

• Mirae Asset rebranded Korbit to Digital X after completing 97.15% acquisition (Mirae Asset Consulting).
• South Korea's first acquisition of a crypto exchange by an affiliate of a traditional financial group (FTC approved earlier in July).
• Mirae Asset Consulting acquired remaining 5.42% to reach 97.15%; earlier disclosed ~7.2B won ($5.32M) for additional 7.35M shares (from 92.06%).
• Part of "Mirae Asset 3.0" strategy: combine traditional financial services with digital asset businesses.
• Digital X focus: RWA tokenization, security token offerings, stablecoins, investment products linking traditional and digital assets.
• Governance priorities: AML, KYC, information security, fraud detection; adherence to Virtual Asset User Protection Act and forthcoming STO rules.
• Customer funds segregated under Virtual Asset User Protection Act; services continue without disruption.
• Korbit spot volume ~$4.3M/24h (CoinGecko), behind market leader Upbit.
• Consolidation wave: OKX Ventures agreed 19.6% of Coinone (May, ~80B won); Binance pursuing Gopax; Samsung affiliates to acquire 4% of Dunamu (Upbit parent).
• Strategic posture distinct from pure crypto-exchange consolidation: full-ownership TradFi-bridge model.
• Positions for Korea's regulated digital-asset market ahead of Digital Asset Basic Act and STO rules.

Sources

• https://wordupnews.com/cryptocurrency/china-completes-first-digital-yuan-payment-to-singapore/ (crypto.news/Herald Business coverage of Mirae Asset/Korbit rebrand)