Mirae Asset to Acquire 92% of Korbit for $93M
Mirae Asset Consulting announced on Feb. 15, 2026, that it will acquire a 92.06% controlling stake in South Korean cryptocurrency exchange Korbit for approximately $93 million in cash. The purchase gives Mirae Asset immediate ownership of one of Korea’s earliest exchanges and represents a notable move by a traditional asset manager into operating crypto-market infrastructure.
The acquisition could speed institutional adoption by bringing Mirae’s capital, compliance frameworks, and wealth-management channels to Korbit, potentially expanding custody and trading products for clients. For the broader market, the deal underscores continued consolidation among domestic exchanges and may prompt closer regulatory scrutiny; competitors and users should watch for integration plans and any approval conditions that could shape the next phase of Korea’s crypto landscape.