Mirae Asset
Coverage of Mirae Asset in the Nexus archive.
- Mirae Asset to inject additional $35 million into Korbit crypto exchange following July acquisition: report
Mirae Asset completed its acquisition of 97.15% of Korbit in July for roughly $91.5 million. Following this major deal, the company is reported to inject additional $35 million into the crypto exchange.
- South Korea’s Korbit to rebrand as Digital X under Mirae: Report
South Korea’s Korbit is rebranding as Digital X under Mirae. Mirae Asset plans to use the exchange as a hub for tokenized assets, stablecoins, and digital finance.
- South Korea’s Mirae Asset completes acquisition of Korbit crypto exchange
South Korea’s Mirae Asset has completed the acquisition of Korbit crypto exchange. The company plans to increase its stake from 92.06% to 97.15% through an additional deal later this week.
- World markets are mixed while Korean shares slump despite an AI-led rebound on Wall St
World markets were mixed as Korean shares slumped despite an AI-driven rebound on Wall Street. South Korea's Kospi fell 4.9%, with Samsung Electronics and SK Hynix losing significant ground, while AI stocks faced volatility amid concerns about overvaluation. SK Hynix plans a $28 billion U.S. IPO, and Broadcom's partnership with Apple boosted the S&P 500.
- Asian markets retreat, with Korean shares slumping despite an AI-led rebound on Wall St
Asian markets retreated with South Korea's Kospi dropping nearly 5% despite a Wall Street AI-led rebound. Samsung Electronics and SK Hynix shares fell sharply, with analysts citing foreign investor rebalancing and AI sector volatility. SK Hynix plans a $28 billion Nasdaq listing, while other Asian indices like the Nikkei and Hang Seng also declined.