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OKX and Korea Investment Securities Discuss Stake Purchase in Coinone

According to Yonhap News Agency, OKX is moving closer to a South Korean market entry by discussing a substantial investment in Coinone alongside Korea Investment & Securities.

Fact Check
Three independent, credible sources published on May 15, 2026 — Yonhap News Agency (Korean wire service), The Block, and Digital Today — all consistently confirm the core claim: OKX and Korea Investment Securities are in discussions to each acquire approximately 20% of Coinone via new share issuance, with management control remaining unchanged. Coinone itself acknowledged ongoing partnership discussions, though it noted nothing is finalized. The slight uncertainty (7% false probability) reflects that these are still reported discussions, not a completed deal, and Coinone has not confirmed the specific terms publicly.
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Summary

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%.

Terms & Concepts
  • new share issuance: The sale of newly created shares by a company to raise fresh capital from investors.
  • crypto exchange: A platform where users trade cryptocurrencies and related digital assets.
  • stake: An ownership interest in a company, usually expressed as a percentage of shares or equity.