The first-generation digital asset exchange Cobit changes ownership, shifting from Nexon to Future Assets

2025-12-29 01:29:48

Source: BlockMedia Original Title: 1st Generation Digital Asset Exchange Cobit Leaves NEXON to Join Mirae Asset Original Link: Mirae Asset Group has acquired the domestic digital asset exchange Cobit through a non-financial subsidiary. The acquiring entity is Mirae Asset Consulting, which is interpreted as a signal that the group’s digital asset new business expansion strategy has officially begun.

According to industry sources in the digital asset sector, Mirae Asset Consulting recently signed a memorandum of understanding (MOU) with Cobit’s largest shareholder NXC and second-largest shareholder SK Planet, involving the sale of most of the shares(MOU). Currently, Cobit’s shareholding structure is: Nexon-controlled NXC holds 60.5%, and SK Planet holds 31.5%.

The overall transaction scale discussed in this MOU is estimated to be around 100 billion to 140 billion KRW. However, it has not yet reached the final contract signing stage, as it will require detailed due diligence, price negotiations, and approval from relevant regulatory authorities. Based on the results of due diligence or changes in the market and regulatory environment, the final contract signing and conditions may change.

The industry views this acquisition as a shift in Mirae Asset Group’s mid- to long-term strategy. As the boundaries between traditional finance and the digital asset market become blurred, acquiring equity in exchanges is seen as a way to quickly gain overall influence in digital asset business operations.

Of particular note is that the acquiring entity is not a financial subsidiary but a non-financial subsidiary, Mirae Asset Consulting. This is interpreted as a structural choice considering the current financial regulatory environment, aiming to gain regulatory flexibility during the expansion of new digital asset-related businesses in the future.

Mirae Asset Consulting is a core subsidiary majority-owned by Chairman Park Hyun-joon( with 48.49% ownership) and his spouse Kim Mi-kyung( holding 10.15%), among other related parties.

On the other hand, Cobit stated regarding this acquisition: “This is a matter at the shareholder level, and there is currently nothing confirmed.” Mirae Asset Consulting also said: “There is no official information shared at the company level.”

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