Mirae Asset injects 50B won into Korbit after takeover

Mirae Asset Group is preparing to inject 50 billion won, roughly $35 million, into the operator of South Korean crypto exchange Korbit less than a month after completing its takeover of the company. Summary Mirae Asset will inject 50 billion won into Digital X following its completed Korbit acquisition. Digital X will issue 10,078,614 new shares at 4,961 won each to Mirae Asset Consulting. Mirae Asset Consulting owns 97.15% of Digital X after completing the crypto exchange takeover recently. Korbit recorded a 15.4 billion won operating loss in 2025 despite higher annual revenue growth. South Korea approved the acquisition after finding little competition risk from Korbit’s market position domestically. Digital X’s board approved the capital increase on Aug. 12, with payment scheduled for Aug. 27, News1 reported Thursday. Digital X will issue 10,078,614 common shares at 4,961 won each through a third party allotment. All new shares will go to Mirae Asset Consulting, the Mirae affiliate that already controls 97.15% of the company. Digital X said the proceeds are intended to improve its financial structure and meet immediate management funding needs. Mirae Asset backs Korbit with 50B ...