South Korea’s oldest crypto exchange is now part of the $1 trillion Mirae Group family
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.
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Summary
- Mirae Asset Consulting, an affiliate of financial giant Mirae Asset Group, now holds a 97.15% stake in Korbit.
- This makes Mirae Asset Consulting Korbit’s largest shareholder but does not change the corporate entity operating the exchange or disrupt user services, deposits or withdrawals.
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Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
Why it matters:
Markets repositioned since June, but Binance held share (~55% user funds, ~24% spot) and drew net inflows in early July while the tracked market saw outflows.
