Mirae Asset Acquires 97.15% Stake in Korbit for $102M, Rebrands to Digital X

Mirae Asset secures controlling interest in Korbit for ~$102M, rebranding it Digital X to integrate RWA tokenization and securities while maintaining existing operations.

Woofun AI reports that Mirae Asset Consulting has acquired a 97.15% controlling stake in Korbit, South Korea’s earliest cryptocurrency exchange, for approximately 141.4 billion won ($95M–$102M). The South Korean Fair Trade Commission approved the deal on July 9, 2026, noting Korbit’s 0.5% market share in 2025 poses no competition risks. Korbit will be rebranded as Digital X, retaining its current operating structure, customer deposits, and separate asset storage protocols.

Park Hyeon-joo stated that Digital X serves as the core of Mirae Asset’s 3.0 strategy, aiming to unify real-world asset tokenization, security tokens, stablecoins, and traditional securities on one platform. The entity will leverage Korbit’s existing licenses and user base, functioning as an infrastructure platform rather than competing directly with Upbit or Bithumb on trading volume.