OKX Ventures, Korea Investment & Securities to buy 19.6% Coinone stake for $106M

AI Impact AnalysisGrok analyzing...

📄Full Article· Automatically extracted by trafilatura842 words

South Korea's Virtual Asset User Protection Act took effect in 2024. Source: Financial Services Commission Seoul has also moved to gradually open the door to greater institutional and corporate participation in digital assets, creating new opportunities for traditional financial firms to expand into the regulated crypto sector. In February, Mirae Asset Consulting agreed to acquire a 92.06% stake in Korbit for 133.48 billion won (about $93 million), effectively taking control of the smaller exchange as part of its broader digital asset strategy. This month, Hana Financial Group said it plans to invest about 1.003 trillion won ($668 million) to acquire a 6.55% stake in Dunamu, operator of Upbit, one of the country’s largest crypto exchanges. Asia Express: North Korea denies crypto hacks, Upbit’s bank tests Ripple More on the subject

Data Status✓ Full text extractedRead Original (CoinTelegraph)

🔍Historical Similar Events· Keyword + Asset Matching6 items

2026-05-15

OKX, Korea Investment and Securities said to be in talks for 40% of Coinone

2026-05-29

OKX Ventures buys $53 million stake in Korea's Coinone exchange

Similarity 280%關鍵字 okx/coinone/korea

2026-05-16

OKX Targets South Korea Entry With Proposed 20% Coinone Investment

Similarity 230%關鍵字 investment/korea/okx

2026-05-15

OKX reportedly eyes Coinone stake in South Korea push