Mirae Asset announces plans to acquire Korean crypto exchange Korbit

Mirae Asset has revealed its intention to purchase Korbit, a leading cryptocurrency exchange in South Korea. The announcement highlights growing interest in digital assets among traditional financial institutions. Details of the deal remain forthcoming as of the publication date.

On December 29, 2025, Mirae Asset, a major South Korean financial services firm, disclosed plans to acquire Korbit, one of the country's established crypto platforms. This move signals a strategic push into the blockchain and cryptocurrency sector by a conventional asset manager.

The announcement, covered by SiliconANGLE, underscores the evolving landscape of finance in South Korea, where regulatory clarity has encouraged institutional involvement in digital currencies. Korbit, operational since 2013, has been a key player in facilitating crypto trading for Korean users.

While specifics such as the acquisition price or timeline were not detailed in the initial report, the development is expected to bolster Mirae Asset's offerings in innovative financial products. Industry observers note that such acquisitions could accelerate the integration of crypto services into mainstream banking.

Kyt Dotson, associated with SiliconANGLE's coverage, highlighted the significance of this step in the keywords of the article. As the deal progresses, further regulatory approvals will likely be required given South Korea's stringent oversight of cryptocurrency exchanges.

관련 기사

Illustration of Upbit crypto exchange cyber breach by suspected North Korean Lazarus hackers, showing digital coins leaking from building amid investigation.
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북한 라자루스 그룹, 업비트 암호화폐 해킹 배후로 의심

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북한의 해킹 그룹 라자루스가 한국 최대 암호화폐 거래소 업비트에서 약 450억 원 상당의 암호화폐를 도난당한 최근 사건의 배후로 의심받고 있다. 당국은 현장 조사를 통해 이를 확인할 계획이며, 업비트 운영사 두나무는 손실을 자사 자산으로 전액 보상하겠다고 밝혔다. 이 사건은 2019년 업비트 해킹과 유사한 수법을 보인다.

South Korean investors shifted more than 160 trillion won ($110 billion) from local crypto exchanges to foreign platforms last year, driven by restrictive domestic regulations. A joint report from Coingecko and Tiger Research highlighted this outflow, attributing it to delays in broader crypto frameworks. Officials acknowledged the need for updated rules, but disagreements over stablecoins stalled progress.

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South Korea is planning tighter regulations on digital assets following a major glitch at cryptocurrency exchange Bithumb, which accidentally distributed over $40 billion in bitcoin to customers. The incident, revealed over the weekend, prompted officials to highlight the need for stronger oversight. Bithumb has since recovered most of the funds and pledged full compensation to affected users.

Pakistan is advancing its digital-asset strategy by signing a memorandum of understanding with Binance to explore tokenizing up to $2 billion in state-owned assets. The country has also granted preliminary regulatory clearances to Binance and HTX through its Virtual Assets Regulatory Authority. These steps mark a significant push to integrate blockchain into sovereign finance.

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At the iConnections conference in Miami, institutional investors showed renewed interest in digital assets despite bitcoin's 25% decline this year. Allocators now view crypto as a core part of alternative investments, led by family offices. Regulatory clarity remains a key hurdle for broader adoption.

Blockchain analytics firm Elliptic reported a 700% spike in cryptocurrency outflows from Iran's largest exchange, Nobitex, minutes after U.S.-Israeli airstrikes hit Tehran over the weekend. The strikes killed Supreme Leader Ayatollah Ali Khamenei and targeted key sites, prompting possible capital flight via digital assets. This event highlights cryptocurrencies' role in bypassing sanctions and banking restrictions in Iran.

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Nicholas Peach, a BlackRock executive, stated that a 1% shift in Asian portfolio allocations to crypto could bring nearly $2 trillion into the market. Speaking at Consensus Hong Kong, he highlighted the region's $108 trillion in household wealth. This comes amid growing institutional interest in crypto ETFs across Asia.

 

 

 

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