Mirae Asset maps out $109 billion digital asset push with Digital X: report

South Korea's Mirae Asset Financial Group plans to build a 150 trillion won ($109 billion) digital asset business centered on Digital X, according to The Korea Times.Park Hyeon-joo, Mirae's founder and chairman, outlined the ambition at an employee event in Seoul on Wednesday titled "A New Voyage Begins, Together," per the report.Mirae Asset is also considering up to 300 billion won ($218 million) in additional capital for the business. The group may pursue a 200 billion to 300 billion won third-party allotment in the first quarter of 2027, depending on the pace of earnings improvement.The group aims to turn the digital asset business profitable by 2027, Park said.The plans come after Mirae Asset Consulting, an affiliate of Mirae Asset Financial Group, acquired a 97% stake in Korbit in July and subsequently renamed the exchange’s operating company Digital X.Digital X is set to focus on four areas — crypto, stablecoins, real-world assets, and security token offerings, the report said. The company also plans to tokenize assets including gold, silver, and electricity.The company also plans to develop financial products and services using digital assets and make proprietary investments, while building an "onchain finance" ecosystem around blockchain technology."Our initial goal is to make Digital X a core pillar of 'Mirae Asset 3.0' and grow the digital asset business to 150 trillion won by leveraging the group's 1,500 trillion won in client assets," Park said.Park also said that the longer-term goal is to build a global platform combining traditional and digital assets, with Digital X at its center.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.