#okx-ventures

[rwatimes]

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

➤ OKX Ventures and Korea Investment & Securities (KIS) are investing $106 million for a 19.6% stake in South Korean crypto exchange Coinone. ➤ The investment highlights South Korea's regulated digital asset market and OKX's focus on compliant infrastructure. ➤ KIS plans to collaborate with Coinone on security token offerings and stablecoin businesses as South Korea advances its tokenized finance rules.

[rwatimes]

OKX Ventures, KIS Buy 19.6% Coinone Stake for $106M

South Korea’s Coinone is on the cusp of a leadership-changing investment round, as Korea Investment & Securities (KIS) and OKX Ventures agree to inject a combined 160 billion won ($106 million) for a 19.6% stake in the crypto exchange. The deal, still subject to regulatory approv...

➤ OKX Ventures and Korea Investment & Securities (KIS) are set to acquire a 19.6% stake in South Korean crypto exchange Coinone for $106 million, pending regulatory approval. ➤ The investment signifies OKX's entry into Korea's regulated crypto market and KIS's expansion into digital assets, with a focus on security token offerings and stablecoins. ➤ This deal aligns with Korea's tightening crypto regulations and broader trend of traditional finance institutions increasing their involvement in the digital asset sector.

[rwatimes]

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

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-large…

➤ OKX Ventures and Korea Investment & Securities (KIS) are investing $106 million for a 19.6% stake in South Korean crypto exchange Coinone, pending regulatory approval. ➤ This investment signifies a push into South Korea's regulated crypto market, with plans to focus on security token offerings and stablecoin businesses. ➤ The deal aligns with South Korea's efforts to increase institutional participation and strengthen oversight in its digital asset sector.

[rwatimes]

OKX And Korea Investment Securities Bet $106 Million On South Korea's Digital Asset Infrastructure -

OKX Ventures and Korea Investment & Securities are taking major stakes in Coinone as South Korea’s digital asset market moves toward a new phase shaped by

➤ OKX Ventures and Korea Investment & Securities are investing $106 million for a combined 39.2% stake in South Korean crypto exchange Coinone, aiming to bolster digital asset infrastructure. ➤ The strategic investment focuses on developing security token offerings (STOs) and stablecoin businesses, aligning with South Korea's evolving regulatory framework for tokenized assets. ➤ This move signifies a broader trend of traditional financial institutions entering the digital asset space by partnering with regulated exchanges, rather than solely focusing on spot trading.