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Mirae Asset Consulting, an affiliate of South Korean multinational financial services company Mirae Asset Group, has agreed to acquire a controlling stake in local crypto exchange Korbit.
The company plans to purchase 26.9 million shares of Korbit for 133.48 billion won (about $93 million), a transaction that would give it a 92.06% ownership interest in the exchange, according to a Friday regulatory filing. The payment will be made entirely in cash
Mirae Asset said the purpose of the acquisition is “to…
