Compliance Transition: Future Asset Invests $100 Million to Enter the Market, Seizing Licensed Infrastructure
Transaction Details: Future Asset has signed a Memorandum of Understanding (MOU) with Korbit's major shareholders NXC (holding 60.5%) and SK Square (holding 31.5%), aiming for absolute control.
Strategic Avoidance: This acquisition is led by a non-financial subsidiary, cleverly circumventing South Korea's 'Separation of Gold and Silver (separation of financial and virtual asset businesses)' regulatory restrictions, clearing obstacles for the group to operate crypto business within the legal framework.
Market Positioning: Although Korbit currently accounts for only about 0.5% of the trading volume in the South Korean market, as one of South Korea's earliest compliant exchanges, it possesses an extremely scarce fiat trading license and a solid bank custody system.
XXYY.cc Perspective: The entry of Future Asset will significantly enhance Korbit's liquidity and trustworthiness. With its deep accumulation in the ETF (such as the already launched Bitcoin covered call ETF) and wealth management sectors, Korbit is highly likely to transform into a 'digital private bank' aimed at institutional and high-end wealth clients.
#未来资产 #Korbit #韩国加密市场 #金融并购 #合规监管