Mirae Asset In Talks To Buy Korean Crypto Exchange Corbit: Report
Mirae Asset Group is in talks to acquire Korbit, South Korea's fourth-largest cryptocurrency exchange, in a deal valued at approximately 100 billion to 140 billion Korean won ($70 million to $100 million).
The acquisition was led by Mire State Consulting, the group's non-financial arm, and a memorandum of understanding was signed with Corbitt's major shareholders, according to a report in The Chosun Daily on Sunday.
Corbitt is primarily under NXC and Siple Capital Futures, which together account for 60.5% of the exchange. SK Square holds an additional 31.5% stake.
Corbit has a full operating license and compliance infrastructure, making it an attractive entry point for a major financial group seeking controlled exposure to digital assets.
Related: South Korean regulator misses stablecoin bill deadline: What's next?
Corbit crypto trading volume
According to CoinGecko, Corbit's share of South Korea's crypto trading market is small compared to its domestic peers. Of the total 24-hour trading volume of $1.21 billion on six Korea-based exchanges, Corbit accounted for just $5.75 million, or less than 1 percent of total activity.
On the other hand, AppBit managed more than $768 million in daily revenue, followed by Bithum with around $298 million and Coino with around $135 million.
Related: South Korea to impose bank-level liability on crypto exchanges after Apbit hack: Report
Naver moves to acquire Upbit operator Dunamu.
Cointelegraph reports that Naver Financial plans to acquire Upbit operator Dunamu in a stock exchange transaction worth 15.1 trillion won ($10.3 billion). Under the agreement, Naver Financial will issue 87.56 million new shares to Dunamu shareholders, making Dunamu a wholly-owned subsidiary.
Shareholders of both firms will vote on the transaction on May 22, 2026, with a stock exchange scheduled for June 30. The deal remains subject to regulatory approvals.
Naver Financial's plan to acquire Dunamo was first announced in September. At the time, Never Financial was reported to be launching a Korean-backed stablecoin project along with other digital finance initiatives following the acquisition.
Magazine: 2026 is the year of practical privacy in crypto – Canton, Zcash and more.
