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OKX Ventures, KIS Acquire Stake in Coinone

Bluesky Social Seoul 28d Impact 3
OKX Ventures and Korea Investment & Securities (KIS) are each acquiring a 19.6% stake in South Korean crypto exchange Coinone. The deal is valued at approximately $53 million. KIS plans to leverage the partnership for Security Token Offering (STO) and stablecoin businesses.

Topics

cryptocurrency investment blockchain

Developing

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Sources · 7 independent

Bluesky Social

“OKX Ventures and Korea Investment & Securities (KIS) are each acquiring a 19.6% stake in South Korean crypto exchange Coinone for approximately $53 million.”

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