South Korea's Brokerage Firms Forge M&A Wave With Crypto Exchanges; Mirae Asset Wins Approval for Cobit Acquisition

According to The Fact, South Korea's digital asset market is undergoing rapid consolidation through strategic mergers and acquisitions between brokerage firms and cryptocurrency exchanges. Mirae Asset received approval from the Korea Fair Trade Commission to acquire Cobit, while Korea Investment Securities is pursuing a strategic investment in Coinone. Separately, Naver and Dunamu are advancing their own corporate combination, and Kiwoom Securities previously reviewed a Bithumb investment but adopted a cautious stance.
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