Yonhap News Agency: Korea Investment & Securities and OKX Advance Joint Acquisition of Coinone Shares

According to Yonhap News Agency, citing sources, Korea Investment & Securities is in discussions with global cryptocurrency exchange OKX regarding a joint acquisition of shares in the crypto exchange Coinone. The two parties are reportedly discussing acquiring approximately 20% of the shares each, with the investment likely to be made through a new share issuance to maximize capital inflow. This share acquisition is expected to be a financial investment, and Coinone's management rights will remain unchanged. Coinone's current major shareholders include The One Group (34.30%), Com2us Holdings (21.95%), and CEO Cha Myung-hoon (19.14%).