fromnews.bitcoin.com
1 week agoOKX Targets South Korea Entry With Proposed 20% Coinone Investment
OKX is reportedly seeking to acquire a stake in South Korean exchange Coinone alongside Korea Investment & Securities, in what could become one of the most significant foreign-linked investments in the country's digital asset sector in years. According to industry sources, the two firms are discussing plans to each acquire roughly 20% of Coinone through a capital raise structured around newly issued shares rather than purchases from existing shareholders. The approach would inject fresh capital into the exchange while avoiding immediate changes to management control.
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