“Forget Korbit”... Digital X Changes Service Name to ‘Digital X’

[Financial News] Digital X, Mirae Asset Financial Group’s virtual-asset investment platform, has changed its service name from ‘Korbit’ to ‘Digital X.’
According to the virtual-asset industry on the 16th, Digital X changed its service name to ‘Digital X’ that day and is reorganizing its entire service, including its domain.
Last month, Digital X changed its corporate name from ‘Korbit’ to Digital X. The move was intended to complete brand integration following its incorporation into Mirae Asset Financial Group.
Digital X plans to change not only its service name but also its official domain, app icon, and brand identity (BI). There will be no changes to users’ assets, transaction history, deposits and withdrawals, or the way transactions are conducted. The existing app will be converted through an update.
Digital X plans to carry out the transition in stages, along with its official announcement of the service-name change, to ensure that users experience no inconvenience after the reorganization.
Oh Se-jin, CEO of Digital X, said, “This reorganization is not simply a change to the service name, but the beginning of a new leap forward that we will create together with Mirae Asset Financial Group. We will continue to introduce products and services that deliver tangible value to users, one by one.”
Meanwhile, Mirae Asset Consulting, an affiliate of Mirae Asset Financial Group, previously acquired a 92.06% stake in Korbit for approximately 133.4 billion won. In February, it signed an agreement to acquire 26.91 million Korbit shares for cash, and the Korea Fair Trade Commission approved the business combination in July.

[email protected] Lim Sang-hyeok Reporter