Future Asset Consulting approves acquisition of 92.06% stake in Korbit for approximately $98 million

According to Etoday, South Korean regulators have approved Future Asset Consulting's acquisition of 92.06% equity in Korbit for approximately $98 million, marking the first time a traditional Korean financial group has acquired a virtual asset exchange. The Korea Fair Trade Commission has announced the market share of cryptocurrency exchanges in South Korea for 2025, with Upbit accounting for approximately 69%, Bithumb for approximately 28%, Coinone for approximately 2%, Korbit for approximately 0.5%, and Gopax for approximately 0.1%.