OKX Ventures, KIS to Buy 19.6% Stake in Coinone For $106M

Cointelegraph Staff

(08:31 AM UTC)

1 min read

South Korean crypto exchange Coinone said Korea Investment & Securities (KIS) and OKX Ventures agreed to invest a combined 160 billion won ($106 million) for a 19.6% stake in the platform.

The investment, which remains subject to regulatory approval, would make KIS and OKX Ventures joint third-largest shareholders in Coinone behind CEO Myung-Hun Cha and existing backer Com2uS Holdings…

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Cointelegraph Staff · Cointelegraph

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