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OKX confirms $53 million investment to acquire 20% stake in Coinone crypto exchange

TB
The Block Editorial
(06:00 AM UTC)
1 min read
DK
Approved byDavid Kim

OKX Ventures, the investment arm of the global crypto exchange OKX, announced today that it will purchase a 19.6% stake in Coinone, one of South Korea's five licensed digital asset trading platforms.

According to the press release, Coinone signed strategic equity investment agreements with OKX Ventures, Korea Investment & Securities (KIS), and Com2uS and its affiliated company. Today's…

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