According to Yonhap News Agency, Mirae Asset Group of South Korea has decided to acquire 92% of the shares of Korbit, the country's fourth largest cryptocurrency exchange, according to a report by TechFlow TechFlow on February 13.
Mirae Asset Consulting, a subsidiary of Mirae Asset Group, announced on the 13th that it has decided to acquire 26.91 million shares of Korbit for 133.5 billion won, giving it a 92.06% stake in Korbit after the acquisition.
Mirae Asset Consulting stated that the purpose of this acquisition is to "secure future growth momentum based on digital assets (virtual assets)." The transaction primarily involves the acquisition of all shares held by NXC, the holding company of gaming company Nexon, and SK Square.
