The financial group is in talks to acquire a 92% stake in Korbit for a as much as 140 billion won ($97 million).
South Korean financial group Mirae Asset eyes crypto exchange Korbit acquisition: report
The financial group is in talks to acquire a 92% stake in Korbit for a as much as 140 billion won ($97 million).
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The Toronto-listed digital asset firm is focused on the Solana blockchain and will continue to trade there under the HODL symbol.
The deal aims to strengthen Anchorage Digital’s role in the institutional stablecoin ecosystem, CEO Nathan McCauley said.
Bridge, founded by Square and Coinbase alumni, recently raised $40 million in a round led by Sequoia and Ribbit.
As quantum computing inches closer to reality, nearly 7 million bitcoin, including Satoshi Nakamoto’s 1 million coins, are potentially at risk.