CoinDesk·3 min read·medium
South Korea's oldest crypto exchange is now part of the $1 trillion Mirae Group family
O
Omkar Godbole
✦AI Summary
Mirae Asset Consulting has acquired a 97.15% stake in Korbit, one of South Korea's oldest cryptocurrency exchanges. The acquisition marks a growing trend of traditional financial institutions integrating digital asset platforms into their portfolios while maintaining existing service operations for users.
The exchange announced Thursday that it is now part of the Mirae Asset Group family, which reportedly had an AUM of $1 trillion as of May.
businesscryptoeconomy
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