South Korea's Korbit exchange to rebrand as Digital X under Mirae Asset, becoming a hub for tokenized assets and stablecoins

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South Korea's crypto exchange Korbit is set to rebrand as Digital X under the ownership of Mirae Asset, according to a report. The move is part of Mirae Asset's strategy to transform the platform into a hub for tokenized assets, stablecoins, and broader digital finance services. This development signals growing institutional adoption in South Korea's crypto market, with a major financial group backing the exchange's evolution. The rebranding could enhance liquidity and attract more institutional participants, potentially impacting intraday trading volumes and risk appetite in the region. While the exact timeline remains unclear, the shift underscores the increasing convergence of traditional finance and digital assets.