OKX Ventures acquires 20% stake in Coinone
The purchase makes the OKX subsidiary a joint third-largest shareholder in the South Korean crypto exchange, according to DigitalToday.
Fact Check
Multiple independent, credible outlets (Korea Herald, Ledger Insights, CoinDesk) confirm that OKX Ventures acquired a 20% stake in Coinone and became a joint third-largest shareholder alongside Korea Investment & Securities. Korea Herald details the exact resulting shareholder structure (Cha 30.36%, Com2uS 24.54%, two new investors 20% each), directly supporting the 'joint third-largest shareholder' framing in the claim. The deal was originally reported around May 29, 2026. The claim, attributed to DigitalToday via BlockchainReporter, is accurate.
Summary
OKX subsidiary OKX Ventures has acquired a 20% stake in South Korean crypto exchange Coinone, a deal that makes it a joint third-largest shareholder, DigitalToday reported. The transaction points to continued strategic investment in exchange infrastructure as firms seek footholds in key regional crypto markets. Coinone said it plans to move ahead, though the available report does not include further details beyond that statement.
Terms & Concepts
- crypto exchange: Platform for buying and selling digital assets
- stake: An ownership share in a company