Mirae Asset is considering acquiring Korbit cryptocurrency exchange.

Mirae Asset Expands in the Crypto Market

Seoul-based Mirae Asset is reportedly considering the acquisition of Korbit, one of South Korea's leading cryptocurrency exchanges. The financial group is eyeing to acquire a 92% stake in Korbit for 140 billion Korean Won (approximately 97 million USD).

Korbit ranks fourth in terms of trading volume among the total six exchanges operating in South Korea. This acquisition is seen as part of Mirae Asset's goal to enhance its influence in the cryptocurrency sector.