Mirae Asset targets $108 billion digital‑asset business using Digital X

Mirae Asset Group announced an ambitious plan to expand its digital‑asset operations to a valuation of 150 trillion won (about $108 billion) and achieve profitability by 2027. The strategy centres on Digital X, the cryptocurrency exchange acquired from Korbit, as a key pillar of the group’s “Mirae Asset 3.0” roadmap.

Four‑pronged focus

According to Chairman and Global Strategy Officer Park Hyeon‑joo, the digital‑asset unit will develop across four main areas:

• Cryptocurrencies
• Stablecoins
• Real‑world assets (RWAs) such as gold, silver and electricity
• Security token offerings (STOs) and other tokenized securities

Acquisition of Digital X

Mirae Asset Consulting completed a 97.15 % acquisition of the former Korbit exchange, rebranding it as Digital X. The purchase, approved by South Korea’s Fair Trade Commission, marks the first time a traditional financial group has taken control of a domestic crypto exchange.

Product development and regulatory backdrop

The group plans to launch blockchain‑based financial products, including tokenized versions of physical assets and securities, while awaiting South Korean regulatory frameworks. The Financial Services Commission is drafting rules for tokenized securities expected to take effect in February 2027, and stablecoin licensing guidelines are under discussion.

On‑chain finance ecosystem

Digital X will serve as the operational hub for an “on‑chain finance” ecosystem that blends blockchain products with Mirae Asset’s existing client base of roughly 1,500 trillion won in assets. The group intends to support selected initiatives with principal investment and to explore new financial services beyond traditional models.

Compliance and future outlook

Digital X will maintain its anti‑money‑laundering, KYC, information‑security and fraud‑detection systems as it expands under Mirae Asset ownership. Park emphasized the need for staff to anticipate market changes and continuously seek new opportunities.