Wire · operational-macro
Mirae Asset's $109 Billion Crypto Pivot Hinges on a 0.5% Market Share Exchange – Forkast
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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.
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1 source · 28 Aug 2026
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