South Korea's Mirae Asset Targets 2027 Profitability in 150 Trillion Won Digital-Asset Push
AI Market Summary
Mirae Asset's plan to build a large-scale digital-asset business (via Digital X) spanning crypto, stablecoins, RWA, and security tokens, with potential incremental funding, signals accelerating institutional commitment in South Korea. The initiative implies broader product development and strategic investment across tokenized finance, improving market infrastructure and credibility. Near-term, the headline supports risk appetite and may lift sentiment for liquid benchmarks as institutional participation expectations rise.
Impact level
● Medium
Affected assets
BTC/USDT+1.13%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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Mirae Asset plans to build a digital-asset business valued at 150 trillion Korean won (about $109 billion), according to ME News. The initiative will be led by Digital X, formerly known as Korbit, and will span cryptocurrencies, stablecoins, real-world assets (RWA) and security tokens.
The group is aiming to turn the business profitable by 2027. To accelerate expansion, it is also weighing additional funding of up to 300 billion Korean won ($217 million). Mirae Asset said it intends to roll out financial products and services tied to digital assets and pursue strategic investments to reinforce its market position. (Source: Foresight News)
