Mirae Asset is planning a 150 trillion won, or about $109 billion, digital asset business centered on Digital X, the exchange formerly known as Korbit, according to The Korea Times. The South Korean financial group’s plan covers crypto, stablecoins, real-world assets and security token offerings, and includes tokenizing physical assets such as gold, silver and electricity. The move follows Mirae Asset Consulting’s July acquisition of a 97.15% stake in Korbit for a cumulative 141.4 billion won, after which the exchange was rebranded as Digital X. The deal marked the first time an affiliate of a South Korean financial group took control of a domestic crypto exchange. Founded in 2013, Korbit was South Korea’s first cryptocurrency exchange, though the Fair Trade Commission said it held just 0.5% of the country’s crypto trading market in 2025. Mirae Asset founder and chairman Park Hyeon-joo said in Seoul on Wednesday that the initial goal is to make Digital X a core pillar of “Mirae Asset 3.0.” Digital X also began waiving trading fees on all won-denominated assets on Monday, with the policy running through Aug. 24, 2027.
Mirae Asset plans to build a 150 trillion won digital asset business, worth about $109 billion, around Digital X, the crypto exchange formerly known as Korbit, according to The Korea Times.
Digital X plan spans crypto, stablecoins and tokenized assets
The report said Digital X will focus on crypto, stablecoins, real-world assets and security token offerings. The company also plans to tokenize physical assets including gold, silver and electricity.
Mirae Asset Consulting took control of Korbit in July
The expansion plan comes after Mirae Asset Consulting acquired a 97.15% stake in Korbit in July for a cumulative 141.4 billion won. The exchange was later rebranded as Digital X.
That transaction marked the first time an affiliate of a South Korean financial group acquired control of a domestic crypto exchange.
Korbit’s market share remained small in 2025
Founded in 2013, Korbit was South Korea’s first cryptocurrency exchange. Even with that history, it accounted for just 0.5% of South Korea’s cryptocurrency trading market in 2025, according to the country’s Fair Trade Commission.
Park Hyeon-joo set out the goal in Seoul
Mirae Asset founder and chairman Park Hyeon-joo presented the plan at a Digital X employee event in Seoul on Wednesday. According to The Korea Times, he said: “Our initial goal is to make Digital X a core pillar of ‘Mirae Asset 3.0.’”
Zero-fee trading campaign runs until Aug. 24, 2027
On Monday, Digital X began waiving trading fees across all won-denominated assets. The zero-fee policy is set to remain in place through Aug. 24, 2027.
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