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South Korea's Mirae Asset Group will inject 50 billion won into Korbit via a third-party share placement.

2026.08.13 14:08:45

According to News1, South Korea’s Mirae Asset Group will inject 50 billion won (approximately $36 million) into crypto exchange Korbit via a third-party private placement capital increase. The round will issue around 10.0786 million new common shares priced at 4,961 won each, all allocated to majority shareholder Mirae Asset Group, which currently holds a 97.15% stake. The payment deadline is August 27, with the funds earmarked mainly for improving Korbit’s financial structure and operating capital. Earlier, Mirae Asset Consulting, a non-financial subsidiary of Mirae Asset Group, announced it had acquired a 91.73% stake in South Korean crypto exchange Korbit on July 22, with plans to purchase the remaining 5.42% stake on July 24. The transaction will bring Mirae Asset Group’s total holding in Korbit to 97.15%, with the full acquisition valued at approximately 141.367 billion won (around $102 million).

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