Korea Investment, OKX acquire 20% stakes in Coinone

Korea Investment & Securities is set to become a major shareholder of cryptocurrency exchange Coinone after agreeing to acquire a 20 percent stake, underscoring traditional finance's growing push into the nation's digital asset market. Coinone said Friday that Korea Investment & Securities and OKX Ventures would each acquire a 20 percent stake through a combination of newly issued shares and existing shares sold by Coinone CEO Cha Myung-hoon and Com2uS Holdings. Following the transaction, Cha wi

By The Korea Herald