Mirae Asset Transforms Korbit into 'Digital X' to Redefine South Korea's Digital Asset Landscape

Mirae Asset, South Korea’s leading asset manager, has taken control of Korbit to launch a next‑generation “intelligent investment platform.”

Beyond Crypto: The Strategic Vision of Digital X

Rebranding Korbit as Digital X, Mirae Asset aims to build an ecosystem where knowledge, data, and deep investment insights are organically linked. The “X” symbolizes an uncharted future where diverse forms of value intersect.

Market Position and Competitive Landscape in Korea

With a market share of under 1%, Korbit trails giants such as Upbit and Bithumb. Rather than entering a volume‑driven race, Mirae Asset focuses on delivering a sustainable, infrastructure‑first solution for the industry.

Integrated Ecosystem Approach: Merging Real‑World and Digital Assets

The platform plans to seamlessly connect real‑world assets, Security Token Offerings (STOs), stablecoins, traditional financial instruments, and digital assets, enabling institutional investors to manage hybrid portfolios under a single roof.

Regulatory Compliance and Institutional Assurance

Mirae Asset commits to full AML, KYC, and fraud‑detection compliance, creating a security framework that serves both retail traders and institutional clients.

Key Metrics and Anticipated Impact

■Current market share of Korbit: <1%

■Mirae Asset Consulting ownership stake: 97.15%

■Goal: Elevate Digital X to an infrastructure‑layer role

■First‑year rollout: Unified services for institutional asset managers and retail investors

Emre Can – DeFi and Web3 Ecosystem Analyst. This move positions Mirae Asset to shift Korea’s crypto space from a mere exchange to a comprehensive financial infrastructure layer, integrating liquidity pools and layer‑2 solutions. The initiative is poised to drive long‑term TVL growth and provide institutions with a secure gateway to digital assets.