OKX Ventures buys $53 million stake in Korea's Coinone exchange

Brokerages rush into crypto exchange investments to secure future growth

Local securities firms are ramping up investments in cryptocurrency exchanges as they seek to secure a foothold in the country's emerging digital a...

OKX Ventures buys $53 million stake in Korea's Coinone exchange

The crypto exchange's investment arm and Korea Investment & Securities will each invest KRW 80 billion ($53 million) as Coinone pushes into stablecoins and tokenized securities.

OKX, KIS Acquire 20% Stake In South Korean Crypto Exchange As Local Race Intensifies

OKX and Korea Investment & Securities have joined the list of companies investing in South Korean crypto exchanges after agreeing to acquire a 20% stake each in Coinone, one of the country’s largest platforms. Related Reading: Ripple CEO Says Voters, Trump Defeated The ‘Anti-Crypto Army’ OKX, KIS Become Coinone’s Third-Largest Stakeholders On Friday, Coinone announced […]

OKX Buy 20% Crypto Exchange Stake As Korea Race Heats Up

OKX and Korea Investment & Securities have joined the list of companies investing in South Korean crypto exchanges after agreeing to acquire a 20% stake each in Coinone, one of the country’s largest platforms. OKX, KIS Become Coinone’s Third-Largest Stakeholders On Friday, Coinone announced it had signed strategic investment agreements with Korea Investment & Securities, one of South Korea’s major brokerage firms, and OKX Ventures, the investmen…

OKX Coinone Investment Gives OKX 19.6% Stake

OKX Ventures is set to acquire a significant stake in South Korean crypto exchange Coinone, strengthening its presence in one of Asia’s most active digital asset markets. The deal reflects growing institutional interest in regulated crypto platforms as competition and investment activity continue to accelerate across South Korea’s blockchain sector.

KIS and OKX Ventures inject 160 billion won into Coinone expands South Korea Seoul cryptocurrency exchange ownership under strict regulatory approval framework

[»] Jump to Summary… South Korea’s crypto scene just got a serious jolt after Coinone announced it is set to receive a combined 160 billion won (about $106 million) investment from a powerful mix of domestic and international players. The funding comes from Korea Investment & Securities and OKX Ventures, who together will acquire a 19.6% stake in the exchange—pending regulatory approval. What makes the deal more interesting is how it blends fres…