$91.5 million for a 97.15% stake — that was the price tag when Mirae Asset took over crypto exchange Korbit this July. Less than three months later, reports suggest the deal isn't done yet: Mirae Asset is planning to pour another $35 million into Korbit.
Put the two numbers side by side and the follow-up investment isn't small at all — nearly 40% of the original acquisition price. The gap between "buying a majority stake" and "injecting more capital" is just a few months, and that pace alone sends a signal: Mirae Asset clearly isn't the type to buy in and then just sit back and watch.
That's all the public information available for now. Details on how the additional funds will be used, when they'll be deployed, and whether other investors are involved remain unclear, pending further reports.
