The cryptocurrency exchange Korbit has changed its name to Digital X. The name of the exchange's services will also be updated in the future.
Digital X announced on the 12th that it has completed the registration for the name change. There will be no changes to the name 'Korbit' used in customer-facing applications such as the app and website, nor to its operational methods. The way user assets are stored and the handling of personal information will remain the same.
This name change follows the completion of Mirae Asset Group's acquisition of Korbit. Previously, Park Hyun-joo, Mirae Asset Group's Global Strategist, informed employees in a letter on July 23 that "the cryptocurrency exchange Korbit has become part of Mirae Asset" and that "Korbit will start anew under the name 'Digital X.'"
The service name change will be implemented at a later date.
Digital X stated that the name change will not require users to provide passwords, OTP authentication numbers, or asset transfers. The company also urged users to be cautious of phishing attempts impersonating the name change.
Digital X is currently conducting official notifications to users regarding the corporate name change.
* This article has been translated by AI.
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