Mirae Group Acquires South Korea's Oldest Crypto Exchange Korbit

South Korea's oldest cryptocurrency exchange, Korbit, has been acquired by Mirae Group, a $1 trillion conglomerate. The acquisition is part of Mirae Group's expansion into the digital asset space.

The deal marks a significant milestone for Korbit, which was established in 2013 and has since become one of the most well-known cryptocurrency exchanges in South Korea.

Mirae Group, known for its diverse portfolio of businesses, including financial services and technology, aims to leverage Korbit's expertise to further develop its digital asset offerings.