OKX and Korea Investment Securities Discuss Stake Purchase in Coinone

OKX and Korea Investment & Securities are reportedly in talks to acquire substantial stakes in South Korean crypto exchange Coinone, a move that would give OKX a stronger foothold in the local market. According to Yonhap News Agency, the parties are discussing buying about 20% each through a structure that may involve new share issuance, which would send fresh capital into Coinone while leaving management control unchanged. Coinone’s major shareholders are The One Group with 34.30% and Com2uS Holdings with 21.95%.

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