Mirae Asset Financial Group plans to create a 150 trillion won ($109 billion) digital asset management business after acquiring the crypto exchange Korbit.

The company will focus on stablecoins, RWAs, and other types of tokens. Mirae Asset also plans to tokenize assets including gold, silver, and electricity. In addition, it will develop financial products and services using digital assets.

The main source of growth in assets under management in digital assets will be the company’s existing client assets of 1,500 trillion won ($1.1 trillion).

Mirae Asset is also considering raising an additional 200 billion to 300 billion won ($218 million) in Q1 2027. The size of the fundraising will depend on the pace of profit growth. The group aims to make the digital asset management business profitable in 2027.