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OKX and Korea Investment & Securities Each Invest 20% in Coinone... Domestic Exchange Equity Competition Heats Up
Bull/Bear Index 46.0/100
crypto BULL 70/10 TokenPost · 2h ago

OKX and Korea Investment & Securities Each Invest 20% in Coinone... Domestic Exchange Equity Competition Heats Up

Coinone has secured approximately 20% equity investment each from OKX Ventures and Korea Investment & Securities (KIS). This move, involving a major domestic financial institution and a global virtual asset exchange, intensifies the 'investment competition' in the Korean digital asset market. The strategic investment, totaling around $53 million from each party, was made through new share issuance and existing shareholder stake sales. Post-transaction, Coinone CEO Cha Myung-hoon remains the largest shareholder with 30.36%, and Com2uS Holdings retains its position as the second-largest shareholder with 24.54%.

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