Mirae Asset Plans $109B Crypto and Tokenization Push | RWA News
RWA news: Mirae Asset Plans $109B Crypto and Tokenization Push. This update explains what changed, why it matters for tokenization, onchain finance, and institutional adoption, and what the crypto market should watch next.
RWA And Tokenization Update
South Korean financial group Mirae Asset plans to build a 150 trillion won ($109 billion) digital asset business around Digital X, the crypto exchange formerly known as Korbit, according to The Korea Times.The report said Digital X will focus on crypto, stablecoins, real-world assets and security token offerings, with plans to tokenize physical assets including gold, silver and electricity.The expansion plans follow Mirae Asset Consulting’s acquisition of a 97.15% stake in Korbit in July for a cumulative 141.4 billion won. The exchange was subsequently rebranded as Digital X, marking the first time an affiliate of a South Korean financial group acquired control of a domestic crypto exchange.Founded in 2013, Korbit was South Korea’s first cryptocurrency exchange. Despite its long history, the exchange accounted for just 0.5% of South Korea’s cryptocurrency trading market in 2025, according to the country’s Fair Trade Commission. Mirae Asset founder and chairman Park Hyeon-joo outlined the plans at a Digital X employee event in Seoul on Wednesday. “Our initial goal is to make Digital X a core pillar of ‘Mirae Asset 3.0,’” he said, according to The Korea Times.On Monday, Digital X began waiving trading fees across all won-denominated assets, with the zero-fee policy set to run through Aug. 24, 2027.Magazine: Bitget CEO isn’t buying the Bitcoin rally — She’s waiting for $50KCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Why This RWA News Matters
First, this development may affect tokenized assets, onchain finance, institutional participation, and market liquidity. In addition, it may influence treasury products, private credit, tokenized funds, and cross-market adoption. As a result, traders and investors should watch the next moves closely.
What To Watch Next
Watch for updates from issuers, asset managers, exchanges, and regulators. In particular, any new developments involving tokenized treasuries, real estate, private credit, or tokenized securities could directly affect the broader crypto market.
