Korean financial giant Mirae Asset is considering acquiring the cryptocurrency exchange platform Korbit

According to the Korea Times, South Korea's major financial group Mirae Asset is considering acquiring the local cryptocurrency exchange platform Korbit. Reports indicate that Mirae Asset is negotiating to acquire approximately 92% of Korbit's shares, with the transaction valued at up to 140 billion won (about 97 million USD).

Mirae Asset, headquartered in Seoul, operates in asset management, wealth management, investment banking, and insurance, making it an important institution in South Korea's traditional financial sector. If the deal is finalized, it will be its first direct involvement in cryptocurrency-related business. Reports suggest that Mirae Asset's founder, Park Hyun-joo, has emphasized exploring opportunities for the integration of traditional assets and digital assets in recent years.

Industry insiders point out that although Korbit has limited market presence, its years of accumulated financial experience may help it drive differentiated development in the future. Data shows that Korbit currently ranks fourth among six compliant trading platforms in South Korea by trading volume, with a 24-hour trading volume of approximately 11.8 million USD, significantly lower than Upbit (about 1.2 billion USD) and Bithumb (about 475 million USD), while the third place, Coinone, has about 58 million USD.