Mirae Asset outlines $109 billion digital asset expansion for Digital X

South Korean financial group Mirae Asset announced plans to develop a 150 trillion‑won (approximately $109 billion) digital‑asset business centered on its Digital X exchange, formerly known as Korbit.

Scope of the expansion

Digital X will focus on four pillars: cryptocurrency trading, stablecoin issuance, tokenization of real‑world assets, and security token offerings.

Tokenized physical assets

The firm intends to create digital tokens backed by physical commodities, including gold, silver and electricity.

Recent corporate actions

Mirae Asset Consulting acquired a 97.15 % stake in Korbit for 141.4 billion won in July, after which the platform was rebranded as Digital X. This marks the first time a South Korean financial group has taken controlling interest in a domestic crypto exchange.

Market context

Founded in 2013, Korbit was South Korea’s first cryptocurrency exchange but held only about 0.5 % of the nation’s crypto trading volume in 2025, according to the Fair Trade Commission.

Operational incentives

Digital X has introduced a zero‑trading‑fee policy for all won‑denominated assets, effective until 24 August 2027.