Korea Investment, OKX reportedly in talks to buy stakes in Coinone

Korea Investment & Securities and global crypto exchange OKX are in discussions to each acquire an approximately 20% stake in South Korean crypto exchange Coinone, Yonhap News reported. The investment is expected to be structured around a new share issuance rather than the sale of existing shares to maximize capital inflow. The report suggests the move is primarily a financial investment that would not involve a change in Coinone's management control.