#coinone

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➤ OKX and Korea Investment & Securities have jointly invested $106 million for a 39.2% stake in the South Korean crypto exchange Coinone. ➤ This strategic investment aims to gain access to South Korea's evolving crypto market and prepare for the future of tokenized financial products, including STOs and stablecoins. ➤ The deal signifies a growing convergence between traditional finance and digital assets, with Coinone's existing management retaining control.

➤ OKX Ventures and Korea Investment & Securities (KIS) are investing $106 million for a 19.6% stake in South Korean crypto exchange Coinone. ➤ The investment highlights South Korea's regulated digital asset market and OKX's focus on compliant infrastructure. ➤ KIS plans to collaborate with Coinone on security token offerings and stablecoin businesses as South Korea advances its tokenized finance rules.

➤ OKX Ventures and Korea Investment & Securities (KIS) are set to acquire a 19.6% stake in South Korean crypto exchange Coinone for $106 million, pending regulatory approval. ➤ The investment signifies OKX's entry into Korea's regulated crypto market and KIS's expansion into digital assets, with a focus on security token offerings and stablecoins. ➤ This deal aligns with Korea's tightening crypto regulations and broader trend of traditional finance institutions increasing their involvement in the digital asset sector.

➤ OKX Ventures and Korea Investment & Securities (KIS) are investing $106 million for a 19.6% stake in South Korean crypto exchange Coinone, pending regulatory approval. ➤ This investment signifies a push into South Korea's regulated crypto market, with plans to focus on security token offerings and stablecoin businesses. ➤ The deal aligns with South Korea's efforts to increase institutional participation and strengthen oversight in its digital asset sector.

➤ OKX Ventures and Korea Investment & Securities are investing $53 million each for a 19.6% stake in South Korean crypto exchange Coinone, totaling $106 million. ➤ The partnership aims to advance stablecoins, tokenized securities, and digital asset infrastructure, highlighting growing institutional interest in South Korea's regulated crypto market. ➤ This deal signifies a convergence of traditional finance and crypto, with a focus on compliance and new financial products integrating blockchain technology.

➤ OKX Ventures and Korea Investment & Securities are investing $106 million for a combined 39.2% stake in South Korean crypto exchange Coinone, aiming to bolster digital asset infrastructure. ➤ The strategic investment focuses on developing security token offerings (STOs) and stablecoin businesses, aligning with South Korea's evolving regulatory framework for tokenized assets. ➤ This move signifies a broader trend of traditional financial institutions entering the digital asset space by partnering with regulated exchanges, rather than solely focusing on spot trading.