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Search results for Mirae Asset Group

Crypto

Mirae Asset clears Korbit takeover as Naver-Dunamu tie-up stalls

South Korea’s antitrust regulator approved Mirae Asset Consulting’s plan to buy a 92.06 percent stake in crypto exchange Korbit for about 133.4 billion won, citing Korbit’s low market share. A separate tie-up between Naver Financial and Dunamu has been delayed again, with Naver pushing back key dates. The article cites Upbit’s market dominance, financial regulatory approvals, potential scrutiny of user protection and AML systems, and possible future limits on major shareholders’ stakes.

Finance

Mirae Asset Management marks 20 years of ETFs, targets global investment platform

Mirae Asset Management marked the 20th anniversary of its exchange-traded funds, saying it will expand investment solutions focused on innovation themes such as semiconductors, leading U.S. indexes and artificial intelligence. The firm first listed TIGER Semiconductor ETF and TIGER Bank ETF on the Korea Exchange in June 2006. It said TIGER Semiconductor TOP10 ETF had net assets of about 12 trillion won as of June 24, the largest among domestic semiconductor ETFs.

Finance

SpaceX allocation failure puts Korean brokers\' overseas IPO marketing to test

South Korea\'s financial investment industry is facing a test of how it markets overseas blockbuster initial public offerings after failing to secure any SpaceX shares. OpenAI and Anthropic are seen as the next major overseas IPO candidates after each filed confidential S-1 registration statements with the U.S. Securities and Exchange Commission. Regulators are inspecting Mirae Asset Securities over the SpaceX subscription process, and a task force plans advertising rule improvements, potentially tightening disclosure in future IPO-related promotions.