BlockBeats news, December 28, according to Cointelegraph, South Korean financial group Mirae Asset is in negotiations to acquire Korbit, the fourth-largest cryptocurrency exchange platform in South Korea, with a transaction valuation of approximately 100 billion to 140 billion Korean won (about 70 million to 100 million US dollars). The report states that this potential acquisition will be led by Mirae Asset Consulting, a non-financial subsidiary of the Mirae Asset Group, which has already signed a memorandum of understanding with Korbit’s major shareholders.
Public information shows that Korbit is currently held by NXC and its subsidiary Simple Capital Futures with a combined stake of about 60.5%, while SK Square holds an additional approximately 31.5%. The report points out that Korbit holds full operational licenses and a compliance system, making it attractive to large financial groups looking to enter the digital asset field in a compliant manner.
