BlockBeats2026-07-29 13:40:11Korea Investment Securities Raises SK Hynix Target Price to $3,236BlockBeats reported on July 29 that Korea Investment Securities raised its target price for SK Hynix to 4.7 million won, or about $3,236. The new target stands well above the stock’s closing price of 1.41 million won on the same day. Earlier on July 29, large South Korean financial group Mirae Asset issued a research note cutting its target price for SK Hynix from 4.2 million won to 2.8 million won. The two updates showed a sharp gap in target price views released on the same day.2110
Mirae Asset2026-07-25 20:05:58Mirae Asset takes 97.15% stake in Korbit and rebrands the exchange as Digital XMirae Asset Consulting has secured majority control of Korbit, one of South Korea’s earliest cryptocurrency exchanges, raising its ownership to 97.15% in a deal valued at about KRW 141.4 billion, or roughly $95 million to $102 million based on exchange rates cited in the report. South Korea’s Fair Trade Commission approved the acquisition on July 9, 2026, saying the transaction was unlikely to restrict competition, while noting that Korbit held about 0.5% of the local crypto trading market in 2025. Mirae Asset said Korbit’s operating entity, user deposits and core trading services will remain unchanged for now, and client assets will continue to be segregated under existing protection rules. The exchange will be renamed Digital X. Founder and Global Strategy Officer Park Hyeon-joo said the platform is central to Mirae Asset’s 3.0 strategy, with plans to connect tokenized real-world assets, security token offerings, stablecoins, traditional securities and digital assets on one platform. The company said Digital X is not aimed at overtaking Upbit or Bithumb by trading volume, but will instead serve as an infrastructure platform built on Korbit’s existing licenses and user base.1990
Korbit2026-07-25 00:09:54Korbit acquired by Mirae Asset and renamed Digital XCryptocurrency exchange Korbit has been acquired by South Korean financial group Mirae Asset and renamed Digital X, according to Techub News, citing CoinDesk. The platform plans to build an investment venue covering real-world assets (RWA), security token offerings (STO), stablecoins, and traditional assets. Korbit is one of South Korea’s oldest cryptocurrency exchanges, making the deal notable in the local market. The report says the acquisition marks a formal move by a traditional financial heavyweight into digital assets. By combining traditional financial products with crypto assets, Digital X is positioning itself as a broader investment services platform rather than remaining only a conventional crypto exchange.620
Mirae Asset2026-07-23 21:12:52Mirae Asset Raises Strategy Stake to $12.87 MillionBitcoinTreasuries.NET said in a post on X that Mirae Asset Global Investments, which manages $845 billion in assets, disclosed a larger position in Strategy, the bitcoin treasury company. The firm added 25,573 shares worth $2.42 million, taking its total holdings to 135,951 shares. The full position is valued at $12.87 million, according to the disclosure cited in the post. Mirae Asset Global Investments is identified as South Korea’s second-largest asset manager. The update points to continued institutional exposure to Strategy through equity holdings, based on the figures shared by BitcoinTreasuries.NET. No additional details were provided in the brief update beyond the size of the increase, the current number of shares held, the value of the added stake, and the total market value of the position.1280
SpaceX2026-07-23 15:40:15Korean Brokerage Giant Lands Zero SpaceX IPO Shares After Misreading EmailMirae Asset Securities, Korea's top brokerage, failed to secure any SpaceX IPO shares due to misinterpreting an email from lead underwriters, losing over $1.14 billion in client orders and triggering a regulatory probe.580
Mirae Asset2026-07-23 08:20:47Mirae Asset completes Korbit acquisition and plans to lift stake to 97.15%Mirae Asset Financial Group has completed its acquisition of South Korean crypto exchange Korbit, with Mirae Asset Consulting taking control of the platform after clearing regulatory procedures. Korbit said the transaction makes Mirae Asset Consulting its largest shareholder. The group has also filed updated regulatory documents to buy more shares for $5.32 million, which would raise its ownership from 92.06% to 97.15%, with settlement expected on Friday. Korbit told users the ownership change will not disrupt core services, including logins, trading, and fiat or crypto deposits and withdrawals. The exchange also said customer funds and virtual assets will continue to be kept separate from company assets under South Korea’s Virtual Asset User Protection Act, and personal data handling will remain unchanged. South Korea’s Fair Trade Commission earlier described the deal as the country’s first case of an affiliate of a traditional financial group acquiring a crypto exchange. CoinGecko data cited in the report shows Korbit ranks fourth among South Korean crypto exchanges, with about $4.3 million in 24-hour trading volume, compared with Upbit’s $224 million over the same period.550
ONDO2026-07-22 06:52:13ONDO Holds Above $0.37 as Volume Reaches $140MONDO stayed above $0.37 with $140 million in volume, while analysts described the chart as an ascending channel. Ondo Finance also drew attention through its ETF tokenization partnership with Mirae Asset.520
South Korea2026-07-17 11:53:37Korea antitrust regulator clears Mirae Asset deal for controlling stake in KorbitSouth Korea’s Fair Trade Commission has approved Mirae Asset Group’s acquisition of a 92.06% stake in cryptocurrency exchange Korbit, clearing what Techub, citing The Korea Herald, described as the first case of a Korean financial group taking control of a digital asset exchange. The approval sets a precedent for a financial group to fully run a crypto trading platform in the country. Earlier, Financial Services Commission Chairman Lee Eok-won had said changes in the regulatory framework needed to be assessed in a comprehensive way. The deal also stands apart from cases in which conglomerates such as Samsung only held minority stakes. Market attention is now turning to the progress of the proposed Naver-Dunamu merger.1870
