TechFlow News, February 13: According to Yonhap News Agency, South Korea’s Mirae Asset Group has decided to acquire a 92% stake in Korbit, the country’s fourth-largest cryptocurrency exchange.
Mirae Asset Consulting Co., Ltd., a subsidiary of Mirae Asset Group, announced on the 13th that it will acquire 26.91 million shares of Korbit for KRW 133.5 billion, bringing its post-acquisition ownership stake in Korbit to 92.06%.
Mirae Asset Consulting stated that the acquisition aims to “secure future growth momentum based on digital assets (virtual assets).” The transaction primarily involves acquiring all shares held by NXC—the controlling shareholder of game company Nexon—and SK Square.
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