Korea's top asset management firm, Future Asset, made a major move. According to the announcement, they used 1,335 billion Korean won to directly acquire a 92% stake in Korbit, one of Korea's five major cryptocurrency exchanges.

This means the crypto world is about to welcome a heavyweight player. It's worth noting that Future Asset's total scale has surpassed $7 trillion!
Most of these shares were acquired from the previous major shareholders, including NXC, the holding company behind Korea's gaming giant Nexon, and subsidiaries under SK Group, all of whom are on the seller's list.
SK's IoT subsidiary, SK Planet, also specifically disclosed that it sold its Korbit shares for 45.7 billion Korean won. This deal also looks like a profitable move.
Why spend this money? Future Asset explained clearly that they want to leverage digital assets to find new growth points.
According to Future Asset, this aligns perfectly with their "Future Asset 3.0" strategy. In simple terms, they plan to actively integrate digital asset strategies into their traditional financial service system.
Although Korbit ranks fourth in Korea by trading volume—about $95 million in the past 24 hours, far behind the leader Upbit with $1.8 billion—Future Asset sees this as a good entry ticket. Don't forget, Future Asset announced in September 2025 that they would...