Mirae Asset Targets $109 Billion Crypto Empire with Digital X

Mirae Asset Financial Group’s acquisition of Digital X, formerly known as Korbit, signals a deeper push by one of South Korea’s largest financial groups into digital assets. Founder Park Hyeon-joo sees stablecoins, tokenized real-world assets and security token offerings as core pillars that could connect the crypto platform with Mirae Asset’s established asset-management, securities and global investment businesses.

Park has unveiled a new strategy for Digital X aimed at building a crypto-finance operation with ambitions reaching $109 billion. The group plans to accelerate development across stablecoins, real-world asset tokenization and security tokens following the acquisition. Financial terms, ownership details and a timetable for investment were not disclosed, leaving regulatory approvals, product launches and integration with Mirae Asset’s broader operations as the next key milestones.