On December 28, Cointelegraph reported that South Korean financial group Mirae Asset is in talks to acquire Korbit, South Korea's fourth-largest cryptocurrency exchange, at a valuation of approximately 100 billion to 140 billion won (about 70 million to 100 million US dollars). The report stated that the potential acquisition will be led by Mirae Asset Consulting, a non-financial subsidiary of Mirae Asset Group, which has already signed a memorandum of understanding with Korbit's major shareholders.
Public information shows that Korbit is currently owned by NXC and its subsidiary Simple Capital Futures, with SK Square holding approximately 31.5% of the shares. The report points out that Korbit possesses a complete set of operating licenses and a compliance system, making it attractive to large financial groups seeking to enter the digital asset field in a compliant manner.
