POPA ReconOKX Eyes Strategic Stake in South Korea’s Coinone
OKX Eyes Strategic Stake in South Korea’s Coinone OKX is reportedly in talks to acquire a ~20% stake in South Korean crypto exchange Coinone, while Korea Investment & Securities is expected to take a similar-sized position through new share issuance rather than secondary sales. Coinone is South Korea’s third-largest crypto exchange and one of only five platforms licensed for fiat-to-crypto trading, making regulated market access the main strategic value of the deal. This structure would inject fresh capital into Coinone without changing operational control. If completed, OKX would become…
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