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OKX Ventures acquires 19.6% stake in South Korean crypto exchange Coinone
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OKX Ventures acquires 19.6% stake in South Korean crypto exchange Coinone
OKX Ventures will invest $53 million in Coinone, securing a 19.6% stake pending regulatory approval.Korea Investment & Securities is making a matching investment, with both firms set to become Coinone’s joint third-largest shareholders.The deal comes as South Korean financial institutions increase crypto investments and expand work on stablecoin and tokenized asset initiatives.
2026-05-29 Source:crypto.news
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