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Mirae Asset Financial Group, one of Asia's largest asset managers, is building a 150 trillion won ($109 billion) digital asset business anchored by Digital X, the Korean exchange it took control of earlier this year. Chairman Park Hyeon-joo outlined the ambition at a Seoul employee event on Wednesday, framing the unit as a core pillar of the group's "Mirae Asset 3.0" strategy. The push targets four segments: crypto trading, stablecoins, real-world asset tokenization, and security token offerings, with plans to tokenize gold, silver, and electricity. Mirae Asset is also weighing up to 300 billion won ($218 million) in additional capital, with a possible 200-300 billion won third-party allotment in the first quarter of 2027.
Why it matters
Mirae Asset brings 1,500 trillion won in client assets to the table, a balance-sheet scale that most crypto-native firms cannot match. The four-pillar structure mirrors the playbook that has defined the largest US institutional entries into digital assets: spot exposure first, then payment-rail stablecoins, then tokenized real-world assets, then securities-style STOs. Targeting profitability by 2027 puts the timeline roughly two years ahead of where most tokenization projects expect institutional break-even, an aggressive but not unreasonable horizon given the 97% stake Mirae Asset Consulting already holds in Korbit, now Digital X.
Market impact
The plan lands in a year when stablecoin and RWA flows have repeatedly set fresh records and Korean institutional interest has been one of the structural drivers. Park's "onchain finance" framing, combining traditional and digital assets through a single platform, sets up Digital X as a potential Asian counterpart to the US spot-ETF and tokenized-Treasury complex. The third-party allotment window in Q1 2027 is the calendar marker for outside capital to enter at the parent level; the near-term signal will be the pace of stablecoin and gold/silver tokenization product launches.
Frequently asked questions
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What is Mirae Asset's $109B digital asset plan?
Mirae Asset Financial Group is building a 150 trillion won ($109B) digital asset business centered on Digital X, the Korean exchange it gained control of after acquiring 97% of Korbit. The strategy targets crypto, stablecoins, real-world assets, and security token offerings.
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What will Digital X focus on under the new strategy?
Digital X will operate across four verticals: crypto trading, stablecoins, real-world asset tokenization, and security token offerings. The company plans to tokenize physical assets including gold, silver, and electricity, and to build an onchain finance ecosystem.
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How much additional capital is Mirae Asset considering?
Mirae Asset is weighing up to 300 billion won ($218M) in additional capital for the digital asset business. A 200-300 billion won third-party allotment could follow in the first quarter of 2027, conditional on the pace of earnings improvement.
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When does Mirae Asset expect the digital asset business to be profitable?
Chairman Park Hyeon-joo said the group aims to turn the digital asset business profitable by 2027. The plan is anchored by a 97% stake Mirae Asset Consulting already holds in Korbit, now rebranded Digital X.
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Why does Mirae Asset's plan matter for institutional crypto adoption?
Mirae Asset brings 1,500 trillion won in client assets, a balance-sheet scale most crypto-native firms cannot match. The four-pillar structure mirrors the playbook of the largest US institutional entries: spot exposure, stablecoin rails, tokenized RWAs, then securities-style STOs.
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