South Korean Crypto Exchange Korbit to Rebrand as Digital X Under Mirae Asset Group
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- South Korean crypto exchange Korbit will rebrand as Digital X after its acquisition by Mirae Asset Group.
- Mirae founder Park Hyeon-joo announced the name, central to the group's "3.0" strategy to combine digital and traditional finance, with plans for RWA tokenization, security tokens, and stablecoins.
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Mirae Asset Group completed its acquisition of a 97% stake in Korbit, leading to the exchange's rebranding as Digital X.
South Korean crypto exchange Korbit will reportedly rebrand as Digital X after becoming part of Mirae Asset Group.
Mirae Asset founder and global strategy officer Park Hyeon-joo announced the new name in an internal email to employees on Thursday, according to a Herald Business report. Park reportedly described Digital X as central to the group’s “Mirae Asset 3.0” strategy, which aims to combine digital assets with traditional finance.
The company plans to expand into real-world asset (RWA) tokenization, security token offerings, stablecoins and traditional asset products. Park said the exchange would prioritize anti-money laundering controls, customer verification, information security and fraud detection as South Korea develops its crypto and tokenized securities rules.
Mirae completed its acquisition of a 97% stake in Korbit on Thursday. Korbit said that its existing services would continue without changes following the acquisition.
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Digital X will expand into real-world asset tokenization, security token offerings, and stablecoins.
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Offene Fragen
- What specific new products will Digital X launch first?
- What is the timeline for South Korea's crypto and tokenized securities rules?
- How will the rebranding impact Korbit's existing user base?
