South Korea’s Mirae Asset Plans Take Over Of Crypto Exchange Korbit In $92M Deal

Mirae Asset Group, South Korea’s financial services giant, has agreed to acquire a 92% stake in crypto exchange Korbit for about 133 billion won (around $92 million), mainly by buying shares from major shareholders, including NXC and SK Square.

Market observers suggest the deal could prove valuable if South Korea advances its framework for security token offerings, giving the conglomerate the key infrastructure ahead of potential institutional adoption.

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The group says the deal aims to support its strategy to combine traditional finance with digital assets and build long-term growth engines.

Brand News Day Nigeria reports that the transaction, which also involves a share sale by SK Planet, reflects growing cooperation between financial institutions and crypto firms in South Korea.

In November 2025, Naver Financial, a fintech subsidiary of South Korean tech giant Naver, agreed to acquire Dunamu, the operator of Upbit, in a share-swap transaction valued at roughly $10.3 billion.

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