Mirae Asset has reportedly entered acquisition negotiations to purchase Korbit, one of South Korea's established crypto exchanges, with the deal potentially valued at up to $100 million. The move signals continued interest from traditional financial institutions in expanding their crypto trading infrastructure. Korbit, which has maintained operations in the Korean market for years, could gain enhanced capital backing and resources through this strategic partnership. If finalized, the transaction would mark another wave of consolidation in the Asian crypto exchange landscape, reflecting how institutional players are increasingly integrating digital asset trading into their portfolios.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
MetaverseHobovip
· 16h ago
Traditional finance can no longer sit still; this time, they are targeting Korean exchanges.
View OriginalReply0
GasSavingMastervip
· 16h ago
Another major exchange consolidation... The pace of traditional financial institutions entering the market hasn't slowed at all.
View OriginalReply0
BearMarketSunriservip
· 16h ago
Traditional financial institutions are starting to aggressively buy up exchanges, the end of the retail investors is coming.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)