OKX considers a strategic stake in Coinone exchange

#OKX  is reportedly in talks to acquire around a 20% stake in South Korea’s #Coinone , while Korea Investment and Securities is expected to take a similar-sized position through a new share issuance rather than secondary sales. OKX’s planned entry into the South Korean market would mirror that of Binance, which completed its acquisition of Seoul-based Gopax last year after initially taking a majority stake more than two years earlier.