POPA ReconOKX Ventures Acquires 20% of South Korea's Coinone
OKX Ventures Acquires 20% of South Korea's Coinone OKX Ventures has taken a ~20% stake in Coinone, one of South Korea's largest crypto exchanges, becoming a joint third-largest shareholder alongside Korea Investment & Securities — each now holds 19.6%. The stake is part of a 160B KRW (~$106M) package of new and existing shares. Founder & CEO Cha Myung-hoon stays the top individual shareholder at 27.8% with full management control; Com2uS Holdings & affiliates hold 25%. Beyond capital it's a technology deal: Coinone will integrate OKX's matching engine, custody system and wallet technology t…
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