South Korea's oldest crypto exchange is now part of the $1 trillion Mirae Group family
CoinDesk·
60-second summary
Korbit, South Korea's first cryptocurrency exchange, is now part of the $1 trillion Mirae Asset Group family, marking a significant milestone as the first traditional Korean financial group's affiliate takes a controlling stake in a domestic crypto exchange, further blurring the lines between traditional finance and the crypto industry, with potential implications for regulatory clarity and industry growth.
Korbit, South Korea's first cryptocurrency exchange, has joined the Mirae Asset Group family, marking the first time a traditional Korean financial group's affiliate has taken a controlling stake in a domestic crypto exchange.