Mirae Asset Group has outlined an ambitious plan to grow its digital asset business to 150 trillion won (approximately $108–$109 billion) and make it profitable by 2027, with the recently acquired South Korean crypto exchange Digital X at the center of its “Mirae Asset 3.0” strategy.
At an employee event titled “A New Voyage Begins, Together” held Aug. 26 at the Four Seasons Hotel in Seoul, founder and Chairman Park Hyeon-joo said the digital asset unit will focus on four areas: cryptocurrencies, stablecoins, real-world assets (RWAs), and security token offerings (STOs). The group also plans to digitize physical assets such as gold, silver, and electricity.
Park said, “We will make Digital X a key pillar of Mirae Asset 3.0. Based on the group’s 1,500 trillion won in client assets, our first target is to grow the digital asset sector to 150 trillion won and achieve profitability in 2027.”
Mirae Asset Consulting completed its acquisition of a 97.15% stake in Korbit before the exchange was renamed Digital X. Local reports described the deal as the first acquisition of a crypto exchange by an affiliate of a traditional South Korean financial group. The transaction followed approval from South Korea’s Fair Trade Commission.
According to The Korea Times, Mirae Asset is also considering a further 200 billion to 300 billion won ($218 million) third-party allotment in the first quarter of 2027, depending on earnings improvement.
The group plans to build an “on-chain finance” ecosystem by combining blockchain-based products with existing investment operations. Its tokenized securities plans are developing as South Korea prepares a legal framework for blockchain-issued securities, with amendments to the Capital Markets Act and Electronic Securities Act expected to take effect on Feb. 4, 2027. Other financial groups are also moving into tokenization: Samsung SDS won a contract to build a token securities platform for the Korea Securities Depository, while Shinhan affiliates signed agreements with the Canton Foundation to study Korean tokenized assets. Stablecoin issuance remains subject to rules still being negotiated, with the Bank of Korea favoring bank-led consortiums for won-backed stablecoins.
