{"id":97025,"date":"2026-05-30T05:03:05","date_gmt":"2026-05-30T05:03:05","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=97025"},"modified":"2026-05-30T05:03:05","modified_gmt":"2026-05-30T05:03:05","slug":"okx-kis-acquire-20-stake-in-south-korean-crypto-exchange-as-local-race-intensifies","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=97025","title":{"rendered":"OKX, KIS Acquire 20% Stake In South Korean Crypto Exchange As Local Race Intensifies"},"content":{"rendered":"
\n

OKX and Korea Investment & Securities have joined the list of companies investing in South Korean crypto exchanges after agreeing to acquire a 20% stake each in Coinone, one of the country\u2019s largest platforms.<\/p>\n

OKX, KIS Become Coinone\u2019s Third-Largest Stakeholders<\/h2>\n

On Friday, Coinone announced it had signed strategic investment agreements with Korea Investment & Securities, one of South Korea\u2019s major brokerage firms, and OKX Ventures, the investment arm of the global crypto exchange OKX.<\/p>\n

The Korean Herald reported<\/a> that the companies will acquire roughly 20% stake each for $53 million through newly issued shares and existing shares sold by the platform\u2019s two largest shareholders, Coinone CEO Cha Myung-hoon and Com2uS Holdings.<\/p>\n

The crypto exchange\u2019s CEO will remain the largest shareholder with a 30.36% stake, while Com2uS Holdings will continue to hold the second place at 24.54%. Following the transaction, Korea Investment & Securities and OKX Ventures will become the joint third-largest stakeholders.<\/p>\n

The brokerage firm affirmed that the investment in the crypto exchange<\/a> is more than an equity acquisition, being intended as a foundation for expanding into the digital assets sector.<\/p>\n

\u201cThis marks the first step in expanding beyond traditional finance into blockchain-based digital financial services,\u201d Korea Investment & Securities CEO Kim Sung-hwan said, adding that the company seeks to position itself as a leading player in emerging areas, including tokenized securities, stablecoins, and blockchain-based financial services.<\/p>\n

According to the report, Coinone affirmed that the partnership with OKX Ventures aims to provide access to international market knowledge and strengthen investor protection, security, and risk management capabilities.<\/p>\n

Netero Dai, vice president of OKX Global Markets, asserted that its joint investment with the South Korean brokerage firm reflects its conviction to build the future of finance on \u201ccompliant, well-regulated\u201d infrastructure.<\/p>\n

Meanwhile, Coinone CEO asserted it would continue working<\/a> with regulators on procedures related to the shareholder changes, and shared plans to hold a joint media briefing with Com2uS Holdings, OKX Ventures, and Korea Investment & Securities to discuss the partnership and future areas of cooperation.<\/p>\n

South Korea\u2019s Crypto Exchange Investment Race Heats Up<\/h2>\n

Financial officials said local brokerage firms are increasing investments in crypto exchanges to gain a foothold in the country\u2019s emerging digital asset market as Korean authorities move to establish a broader regulatory framework, The Korea Times stated<\/a>.<\/p>\n

As reported<\/a> by Bitcoinist, the Financial Services Commission (FSC) proposed to cap major shareholders\u2019 stakes in crypto exchanges at around 15%-20%, similar to the framework for securities exchanges and other trading systems. The measure aims to \u201calign governance standards with the exchanges\u2019 increasing public role,\u201d FSC\u2019s Chairman Lee Eog-weon affirmed at the start of the year.<\/p>\n

Since then, multiple firms have ramped up their investment in the country\u2019s top crypto exchanges. In February, Mirae Asset Financial Group\u2019s holding company, Mirae Asset Consulting, announced the acquisition of a 92% stake in Korbit for roughly $88.7 million.<\/p>\n

Hanwha Investment & Securities agreed to raise its stake in Dunamu, the operator of the country\u2019s largest crypto exchange, Upbit, from 5.94% to 9.84%. Earlier this month, Hana Financial Group, one of South Korea\u2019s largest banking conglomerates, revealed<\/a> it had agreed to purchase a 6.55% stake in Dunamu for approximately $670 million, marking the largest single investment a South Korean bank has ever made in a digital asset company.<\/p>\n

Similarly, Samsung announced<\/a> on Thursday that three of its affiliates had acquired a combined 4% stake in Dunamu for $408 million. The company affirmed that the investment aimed to create new opportunities tied to digital assets.<\/p>\n

\"Crypto,<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

OKX and Korea Investment & Securities have joined the list of companies investing in South Korean crypto exchanges after agreeing to acquire a 20% stake each in Coinone, one of the country\u2019s largest platforms. OKX, KIS Become Coinone\u2019s Third-Largest Stakeholders On Friday, Coinone announced it had signed strategic investment agreements with Korea Investment & Securities, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-97025","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/97025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=97025"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/97025\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=97025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=97025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=97025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}