Mirae Asset Acquires 97% of Korbit After Regulatory Clearance

Mirae Asset Consulting, an affiliate of Mirae Asset Financial Group, completed the acquisition of Korbit after finishing required regulatory reporting procedures. The firm now holds a 97.15% stake, making it the exchange's largest shareholder and placing one of South Korea's longest-running crypto exchanges inside a major financial group.

The ownership change does not alter Korbit Co., Ltd., the legal entity that operates the exchange. Korbit said its services and withdrawals will continue without interruption. Customer assets remain separately managed under South Korea's Virtual Asset User Protection Act.

The acquisition closes the ownership transition. Product integration and strategic direction from Mirae Asset have not been detailed yet. That leaves execution under new control as the open question following clearance.