BUSINESSMay 29 · 08:31 UTCCOINTELEGRAPHCointelegraph by Christina Comben

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

OKX Ventures and Korea Investment & Securities (KIS) will each invest $53 million to acquire a 19.6% stake in Coinone, a South Korean cryptocurrency exchange. The $106 million deal aims to strengthen connections between traditional finance and the crypto sector in South Korea’s regulated market.

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OKX VenturesorganizationKorea Investment & SecuritiesorganizationCoinoneorganizationSouth Koreaplace

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