Korea Investment & Securities and OKX are in discussions to jointly acquire approximately 20% of Coinone, South Korea's third-largest cryptocurrency exchange. The potential investment is expected to focus on issuing new shares to maximize capital inflow, indicating a financial investment rather than a change in control. Coinone is currently in talks with multiple companies for strategic equity investment partnerships, though no final decisions have been made. The exchange's major shareholders include The One Group, Com2uS Holdings, Cha Myung-hoon, and Com2uS Plus.
Korea Investment & Securities and OKX Consider Coinone Stake Acquisition
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