OKX set to acquire 20% stake in South Korean crypto exchange Coinone: report
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
A stake in the South Korean crypto exchange Coinone is being acquired, with reports indicating that OKX and Korea Investment are the buyers. The size of the stake and the investment amount vary across reports, with some indicating a 20% stake and investment amounts ranging from $50 million to $106 million, while others suggest a larger 40% stake. The exact details of the acquisition, including the investment amount and stake size, are not consistently reported.
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