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South Korea’s Mirae Asset will rename Korbit to Digital X and plans to build an all-in-one digital asset platform
PANews July 24, according to CoinDesk, after completing its acquisition of 97.15% of the equity in the local crypto exchange Korbit, the Korean financial giant Mirae Asset will rename it to Digital X, aiming to build an investment ecosystem connecting RWA, security tokens, stablecoins, traditional assets, and digital assets. Mirae Asset said the goal is not to surpass Upbit or Bithumb, but to combine global investment expertise with digital-asset infrastructure to promote the sustainable development of Korea’s digital-asset industry. Korbit currently holds less than 1% of the market share in South Korea. Mirae Asset emphasized that it will strictly comply with anti-money-laundering and KYC standards, positioning Digital X as a one-stop platform for both institutional and retail clients. There are currently no plans to acquire the remaining shares.