OKX Negotiates Possible Stake in South Korea’s Third-Largest Exchange Coinone

According to Yonhap News, OKX and Korea Investment & Securities are reportedly in talks over a joint investment in Coinone, South Korea’s third-largest cryptocurrency exchange.

Under the proposed structure, each company could acquire an estimated 20% stake through a new share issuance.

Meanwhile, Coinone has confirmed it is in talks with multiple potential partners regarding strategic equity investments, while noting that no final agreement has been reached at this stage.

Source: Yonhap News