Mirae Asset Signs MOU to Pursue Korbit Acquisition in $70–$100 Million Deal
The prospective purchase would give the group regulated access through a fully licensed exchange in South Korea’s concentrated crypto market.
Overview
- Mirae Asset Consulting is leading negotiations with principal shareholders NXC and Simple Capital Futures (about 60.5%) and SK Square (about 31.5%).
- The reported price range is 100–140 billion won, with deal terms, structure, and a closing timeline not yet finalized.
- Korbit holds roughly 0.5% of domestic crypto trading, with about $5.6 million in 24-hour volume based on CoinGecko data as of December 28.
- Upbit dominates trading in South Korea, with Bithumb and Coinone following, highlighting Korbit’s relatively small footprint.
- Korbit’s full operating license and compliance infrastructure are central to Mirae Asset’s strategy to enter regulated digital-asset services.