Mirae Asset plans $108B digital asset push with Digital X

Mirae Asset Group has set an initial target of building its digital asset business to 150 trillion won ($108 billion) and turning it profitable in 2027, using newly acquired crypto exchange Digital X as a central part of its “Mirae Asset 3.0” strategy. Summary Mirae Asset is targeting 150 trillion won ($108 billion) for its digital asset business. Digital X will serve as a core part of the group’s Mirae Asset 3.0 strategy. The group plans to expand across crypto, stablecoins, RWAs and tokenized securities. Mirae Asset is targeting profitability for the digital asset business in 2027. Digital X said Mirae Asset Group Chairman and Global Strategy Officer Park Hyeon-joo outlined the plan on Aug. 26 during an event for Digital X employees at the Four Seasons Hotel in Seoul, where the group presented its long-term strategy following the exchange’s recent change in ownership. Park said Mirae Asset plans to build the digital asset unit around four main areas: cryptocurrencies, stablecoins, real-world assets, or RWAs, and security token offerings. The group also intends to digitize physical assets including gold, silver, and electricity as it develops products tied to blockchain-based fina...