South Korea's Mirae Asset Group approved to acquire 92.06% stake in Korbit for 133.4 billion won

CoinFeed July 9 news, according to Etoday, South Korean regulators announced they have approved Mirae Asset Consulting, a subsidiary of Mirae Asset Group, to acquire a 92.06% stake in South Korean cryptocurrency exchange Korbit, with the transaction amount approximately 133.4 billion won (about $98 million). It is reported that this transaction marks the first time a traditional South Korean financial group has completed an acquisition of a virtual asset exchange. The Korea Fair Trade Commission also released market share data for South Korean cryptocurrency exchanges in 2025, among which: Upbit accounts for about 69%, Bithumb about 28%, Coinone about 2%, Korbit about 0.5%, and Gopax about 0.1%.