Korbit crypto exchange could be acquired by Korean financial giant for $100M
South Korean financial heavyweight Mirae Asset Group is in advanced talks to acquire Korbit, one of the country’s longest‑standing cryptocurrency exchanges, in a deal potentially valued at around $100 million. The Chosun Daily, the country’s largest and most influential newspaper, confirmed the reports on Sunday.
Mirae Asset Consulting, a non‑financial subsidiary of the broader Mirae Asset financial conglomerate, is negotiating the planned transaction. To demonstrate their commitment to expanding their operations with this acquisition, sources highlighted that the team has already exchanged signatures on a memorandum of understanding with the major shareholders of Korbit.
