$109 Billion in Cryptocurrency: South Korea's Mirae Asset Plans to Develop Crypto Business

cryptonews.ruPublicado em 2026-08-27Última atualização em 2026-08-27

Resumo

South Korean financial giant Mirae Asset Financial Group has announced plans to build a digital asset business valued at 150 trillion won ($109 billion) through its crypto exchange, Digital X. The ambitious strategy, presented by founder and Chairman Park Hyeon-joo, aims to make digital assets a cornerstone of the group's "Mirae Asset 3.0" vision. Following its July 2026 acquisition of a majority stake in crypto exchange Korbit (renamed Digital X), the group intends to leverage its extensive client asset base to grow this new venture. The goal is to achieve profitability by 2027, with potential additional capital investments and a private placement of shares. Digital X will focus on cryptocurrencies, stablecoins, real-world asset tokenization (RWA), and security token offerings (STO), including tokenizing assets like gold and electricity. The long-term objective is to create a global platform integrating traditional and digital finance.

South Korean financial group Mirae Asset Financial Group plans to build a digital asset business worth 150 trillion won ($109 billion) based on the Digital X cryptocurrency exchange. This was stated by the founder and chairman of the group's board of directors, Park Hyun-joo.

He presented these ambitious plans during a meeting with Digital X employees in Seoul. In July 2026, the group's non-financial subsidiary Mirae Asset Consulting acquired a 97.15% stake in the Korbit cryptocurrency exchange, after which the platform was renamed Digital X.

According to Park, the digital asset division should become one of the key elements of the Mirae Asset 3.0 strategy. The group has about 1,500 trillion won in client assets and plans to use part of this base to develop the new business.

"Our initial goal is to make Digital X a key pillar of the Mirae Asset 3.0 concept and grow the digital asset division to 150 trillion won," said Park.

Mirae Asset also expects the division to become profitable by 2027. To further scale it, the group may invest up to an additional 300 billion won in capital. Depending on profit growth rates, Mirae Asset may conduct a private placement of shares worth between 200 billion and 300 billion won in the first quarter of next year.

Digital X also plans to focus on four main areas: cryptocurrencies, stablecoins, tokenization of real-world assets (RWA), and security tokens (STO). Furthermore, the company is preparing for the tokenization of physical assets, specifically gold, silver, and electricity, and also plans to develop an on-chain finance ecosystem.

As part of its strategy, Digital X will also create new financial products and services based on digital assets and make direct investments. The group's long-term goal is to create a global platform that, under Digital X's leadership, will integrate traditional and digital assets into a single financial system.

As a reminder, in July 2026, we reported that South Korea would accelerate the development of the blockchain sector and is preparing a digital asset law.

end-content

Perguntas relacionadas

QWhat is the ambitious asset target that Mirae Asset Financial Group plans to build for its digital asset business based on Digital X?

AMirae Asset Financial Group plans to build a digital asset business worth 150 trillion won ($109 billion) based on the Digital X exchange.

QHow did Mirae Asset Financial Group acquire the platform now called Digital X?

AMirae Asset Financial Group's non-financial subsidiary, Mirae Asset Consulting, acquired a 97.15% stake in the cryptocurrency exchange Korbit in July 2026, after which the platform was renamed Digital X.

QWhat are the four main business focus areas for Digital X according to the article?

AThe four main business focus areas for Digital X are cryptocurrencies, stablecoins, tokenization of real-world assets (RWA), and security token offerings (STO).

QBy what year does Mirae Asset aim to make its digital asset business profitable, and what additional capital might it invest for scaling?

AMirae Asset aims to make the digital asset business profitable by 2027. For further scaling, the group may invest up to an additional 300 billion won in capital.

QWhat is the long-term goal for the Digital X platform regarding traditional and digital assets?

AThe long-term goal for the Digital X platform is to create a global platform that integrates traditional and digital assets into a unified financial system.

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