Digital X CEO Oh Sejin Offers to Resign... Management Reshuffle After Mirae Asset Acquisition
Digital X CEO Oh Sejin, who led the cryptocurrency exchange acquired by Mirae Asset Group, has expressed his intention to resign, prompting plans to reorganize its management.
According to sources in the cryptocurrency industry on Nov. 1, Mirae Asset is reportedly planning to replace CEO Oh sometime this month and recently informed the authorities of its decision.
Digital X said, "CEO Oh has expressed his intention to resign for personal reasons, but it is difficult to comment on the details at this time."
Oh took office as CEO of Korbit, formerly Digital X, in January 2020. He was reappointed at the end of 2022 and again at the end of last year. His term was due to run until the end of 2028. With his departure, there are expectations that Digital X's management will be reorganized around Mirae Asset Group.
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This year, Mirae Asset Group acquired Korbit by purchasing a 97.15% stake through its affiliate Mirae Asset Consulting. It subsequently changed the company's and exchange service's names to Digital X. In August, Digital X approved a KRW 50 billion paid-in capital increase, with Mirae Asset Consulting subscribing to all the new shares.
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