Mirae Asset Group in advanced talks to acquire Korbit, around $100 million after MOU

Mirae Asset Group is negotiating to acquire Korbit in a deal valued around $100 million, with Mirae Asset Consulting leading and an MOU signed with major shareholders. The exchange, founded in 2014 and operating under South Korea's licensing regime, has under 1 percent domestic market share by volume. Over the last 24 hours, Korbit posted $5.75 million out of roughly $1.21 billion across six local platforms.