Episode Details

OKX and Korea Investment and Securities are reportedly teaming up to acquire a 20% stake each in South Korean crypto exchange Coinone. This move, if confirmed, would inject fresh capital into Coinones growth and further solidify the presence of traditional finance in the crypto market. The deal is said to involve issuing new shares rather than purchasing existing ones. This development follows Binances acquisition of Gopax and Mirae Assets investment in Korbit, indicating a growing trend of traditional finance giants entering the South Korean crypto market.

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