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Wire · operational-macro

Mirae Asset's $109 Billion Crypto Pivot Hinges on a 0.5% Market Share Exchange – Forkast

Published

28 August 2026

Topic

operational-macro

Sectors

Fintech

Geography

South Korea

Source

Read at forkast.news

Verified

Fusion42 · 29 August 2026 · Fusion42 review

South Korea's largest asset manager Mirae Asset acquired the local crypto exchange Korbit, rebranded as Digital X, aiming to build a $109 billion institutional digital asset platform primarily focused on stablecoins and tokenized real-world assets amid pending regulatory clarity from the Digital Asset Basic Act.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ The Wire takeaway

The upcoming South Korean Digital Asset Basic Act creates a regulatory window to move crypto from retail speculation to institutional-grade assets. You in fintech must act fast to secure partnerships as regulatory validation will open doors for tokenized products quickly.

Coverage

1 source · 28 Aug 2026

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Topics

Fintechcryptocurrencyregulationinstitutional-cryptotokenizationstablecoins