Yonhap News Agency: Korea Investment & Securities and OKX are moving forward with a joint acquisition of Coinone shares.

CoinFeed reported on May 15th that, according to Yonhap News Agency citing sources, Korea Investment & Securities is working with global cryptocurrency exchange OKX to jointly acquire a stake in cryptocurrency exchange Coinone. The two companies are discussing each acquiring approximately 20% of the shares, likely through a new share issuance to maximize capital inflow. This shareholding is expected to be a financial investment, and Coinone's management will remain unchanged. Coinone's current major shareholders include The One Group (34.30%), Com2us Holdings (21.95%), and CEO Cha Myung-hoon (19.14%).