Particle.news
Download on the App Store
8 ARTICLES
·
last wk.

OKX, Korea Investment & Securities in Talks for 20% Stakes in Coinone

Any deal would test Korea’s new push to cap exchange ownership under a pending digital asset law.

Okx, korea investment and securities said to be in talks for 40% of coinone
Okx targets 20% stake in south korea’s coinone
OKX said to pursue 20% stake in South Korean crypto exchange Coinone
Okx targets south korea entry with proposed 20% coinone investment

Overview

  • Yonhap reported Friday that OKX and Korea Investment & Securities each aim to buy about 20% of Coinone through newly issued shares.
  • Coinone said it is speaking with several potential partners and that no agreement has been finalized.
  • Any transaction would require regulatory approval, and reports indicate Coinone’s current leadership would stay in place.
  • Officials are weighing ownership limits under the Digital Asset Basic Act, with caps of 34% for companies and 20% for individuals under discussion.
  • If approved, OKX would join Binance as a foreign owner in a Korean platform, and a stake in Coinone, one of five won on‑ramps, could open regulated local access.