#黑客攻击与安全风险 Korea's major financial firm Mirae Asset is set to acquire Korbit, and this move is quite interesting. Traditional finance entering the crypto space seems very grand, but a closer look at the data reveals a bit of awkwardness—Korbit ranks fourth among Korea's six major platforms, with a daily trading volume of only $11.8 million, less than a fraction of Upbit's.

To put it simply, this looks more like a large financial group testing the waters in the crypto field rather than a strong alliance. Mirae Asset certainly has a financial DNA, but Korbit does feel a bit like a "small-town problem solver." However, on the other hand, traditional capital's involvement in crypto also reflects a trend—the entire industry is moving toward formalization, and the survival space for small platforms is indeed being squeezed.

If this acquisition goes through, the most interesting aspect won't be the deal itself, but how Mirae Asset will use its financial experience to "upgrade" Korbit and whether it can reverse its market position. For now, it's best to stay on the sidelines.