miraeasset

Mirae Asset unveils acquisition of Korbit

#MiraeAsset has finalized the acquisition of a controlling stake in South Korean crypto exchange Korbit, becoming its largest shareholder after completing regulatory approvals. The acquisition agreement, announced in February, saw Mirae Asset purchase a 92.06% stake in Korbit for ₩133.48B ($91M). The acquisition will not affect Korbit's operations, with all trading activities, deposits, and withdrawals continuing without disruption. The customer funds remain segregated as required by South Korea’s Virtual Asset User Protection Act.

👉 cointelegraph.com/news/mirae-asset-korbit-acquisition-largest-shareholder

Institutional adoption continues to grow.

Mirae Asset Consulting has completed its acquisition of Korbit, becoming its largest shareholder. The exchange confirmed that trading operations and customer asset protections remain unchanged following the transition.

#Korbit #MiraeAsset ‎

Mirae Asset’s ambition to redefine the Korbit exchange into a digital asset ecosystem

• Mirae Asset plans to rename the Korbit trading venue to Digital X.
• The goal is to build an ecosystem connecting real-world assets (RWA), stablecoins, and digital assets.
• This is a strategic move to create a never-before-seen digital finance model in South Korea.

#MiraeAsset #Korbit #DigitalX #RWA #Stablecoin CryptoNews BinanceSquare

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Source: CoinDesk

MIRAE ASSET GRABS 97% OF KORBIT — INSTITUTIONAL FLOODGATES OPENING? 🦈📈

A $1 trillion traditional finance giant just swallowed 97% of South Korea’s first domestic crypto exchange. 🏦 This isn’t a casual bet — it’s a full-blown strategic land grab into digital assets by one of Asia’s largest financial groups. 📌 The deal keeps Korbit’s operations unchanged, but the signal for the market is deafening: legacy capital is done sitting on the sidelines.

💰 When firms like Mirae Asset, managing nearly a trillion dollars, move this aggressively into licensed crypto rails, it validates the entire infrastructure play. Smart money sees the next wave forming. 🔍 Are you positioned to ride this institutional pipeline, or waiting for the front-running liquidity to dry up? 💬

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #Korbit #MiraeAsset #InstitutionalAdoption #CryptoExchange #SmartMoney

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Korbit will rebrand as Digital X with support from Mirae Asset

- Mirae Asset reportedly plans to rebrand the South Korean crypto exchange Korbit as Digital X.
- The rebranded platform will serve as a hub for tokenized assets, stablecoins, and broader digital finance services.
- This move aligns with Mirae Asset’s strategy to integrate traditional finance with blockchain-based products.
- Expected launch in South Korea, aiming to attract institutional and retail investors interested in regulated crypto offerings.
#BinanceSquare #CryptoNews #Korbit #DigitalX #MiraeAsset Tokenized Assets Stablecoins

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Source: CoinTelegraph

Mirae Asset, a $1 billion USD management group, has officially acquired Korbit—the first crypto exchange in South Korea. For the first time, a traditional financial institution in the country fully controls a domestic crypto exchange.

This is not just a simple M&A deal. It shows that financial “whales” view licensed exchanges as strategic assets to enter the digital asset market. Similar trends have been seen in Japan with SBI’s acquisition of Bitbank, and in Singapore with Coinhako.

South Korea is a lively crypto retail market, where trading volume is often comparable to that of stocks. The entry of a group like Mirae Asset is a clear signal: institutional money is moving in, methodically.

For traders, this is a positive catalyst for Asian market sentiment. But don’t rush into FOMO. Follow ETF flows and the moves of major funds. Manage risk and do your own research (DYOR)—this is a long-term adoption story, not a “buy now” order.

#Korbit #MiraeAsset #HànQuốc #TiềnMãHóa #ĐầuTư

💾 📈 SK Hynix: Analyst Sees the Recent Drop as an Attractive "Buying Opportunity" 🇰🇷 🧠

The recent correction in the stock price of the semiconductor giant SK Hynix represents an excellent entry window for investors, according to the firm Mirae Asset Securities 🔍💰.

📊 Key takeaways from the analysis:
📉 Exaggerated correction: Analyst Young-gun Kim says the current weakness in the shares reflects an overly cooled optimism about second-quarter results and its ADR stock price 📉.

🎯 Firm target price: Although Mirae cut its operating profit estimate for the quarter by 12%, it kept its Buy recommendation with a target price of 4,200,000 won 🚀.

💪 Strong fundamentals: Despite the stock selloff, spot prices for memory chips continue to rise and the order backlog maintains a solid growth pace ⚙️.

💬 Do you think the semiconductor and AI sector has already hit bottom, or will the correction continue? Share your thoughts below! 👇🔥
$BTC
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$SKHY

#SKHynix #Semiconductors #MiraeAsset #StockMarket #TechNews