The South Korean virtual asset exchange Coinone announced on May 29 that it has formally signed a strategic equity investment agreement with Com2uS Holdings and its affiliated company Korea Investment & Securities (referred to as “KIS”), as well as the investment division OKX Ventures of the global fintech and cryptocurrency company OKX.
According to the agreement, KIS and OKX Ventures will each invest 80 billion won (approximately 53 million USD), which will allow them to hold a combined 19.6% stake in Coinone after obtaining the necessary regulatory approvals, making them tied for the third-largest shareholders, following Coinone CEO Cha Myung-Hoon (holding 27.8%) and Com2uS Holdings and its affiliates (holding 25.0%).
This investment will be completed through a combination of purchasing secondary market shares from existing shareholder Cha Myung-Hoon and Com2uS Holdings, and subscribing to newly issued shares. After the investment, it is expected that Cha Myung-Hoon will remain the largest shareholder of Coinone, with his management control unaffected.
Com2uS Holdings stated that it will further deepen collaboration with partners who possess highly credible licensed financial institutions and world-class infrastructure to generate synergy and achieve multi-party value growth.
KIS plans to follow the legislative development trends in South Korea by collaborating with Coinone to promote Security Token Offerings (STO) and stablecoin businesses, jointly exploring new financial models that integrate regulated finance and virtual assets. Simultaneously, both parties will leverage financial institutions' professional capabilities in asset management and operation, combined with the advantages of a virtual asset exchange's blockchain infrastructure, to discover new collaborative opportunities in the institutional and derivatives markets. Furthermore, both sides have reached a consensus to enhance Coinone's market credibility and transaction security by sharing expertise in compliance areas such as anti-money laundering (AML) and suspicious transaction detection.
Korea Investment & Securities CEO Kim Seong-Hwan stated, “Through this strategic equity investment in Coinone, we will actively contribute to building a robust virtual asset ecosystem while accelerating the pace of cultivating new growth engines in the virtual asset sector.”
At the same time, through the strategic partnership with OKX Ventures, Coinone hopes to gain global market insights, international operational experience, and best practices in the digital asset industry. The two parties will also engage in in-depth discussions on core issues such as user protection, operational resilience, security safeguards, and risk management, aiding Coinone in continuously enhancing its comprehensive competitiveness in the institutional and enterprise investor market.
OKX Global Markets Vice President Netero Dai stated, “South Korea is one of the most mature digital asset markets in the world, and its regulatory framework enjoys a high reputation in the international community. We firmly believe that the future financial system will be built on compliant and regulated infrastructure. This investment in Coinone together with Korea Investment & Securities is a concrete practice of this concept. We look forward to closely collaborating with Coinone and Korea Investment & Securities to create next-generation compliant digital financial services for South Korean investors.”
Coinone CEO Cha Myung-Hoon stated, “We have selected optimal partners that can achieve the maximum synergy effect with Coinone in various segments. This investment will strongly promote us to establish a leading position in the emerging track of blockchain-based digital financial infrastructure.”
He further stated, “As a licensed operator, we will help the virtual asset industry gain social trust by building a responsible equity structure. At the same time, we will strictly comply with all relevant procedures and maintain close communication with financial regulators to ensure the smooth acceptance of major shareholder change reports.”
Additionally, Coinone, Com2uS Holdings, Korea Investment & Securities, and OKX plan to jointly hold a press conference in June to comprehensively explain the background, objectives, and expected impacts of this strategic equity investment. Specific arrangements will be announced separately.
About Coinone
Coinone is a registered virtual asset service provider in South Korea and is one of the leading professional virtual asset exchanges in the country. Upholding the vision of “bringing blockchain to the world,” Coinone is committed to becoming a global leader and pioneer in the digital asset and blockchain field.
About OKX Ventures and OKX
OKX Ventures is the investment division of OKX. OKX is a global fintech company dedicated to modernizing currencies and markets, currently trusted by over 120 million users worldwide who rely on its platform for investing, trading, and circulating digital assets, covering various financial instruments including spot, options, and decentralized markets. As one of the largest digital asset platforms globally, OKX is renowned for its exchange, wallet, and on-chain ecosystem, favored by individual users and large institutions. OKX has regional offices in the United States, Europe, the UAE, and Singapore, as well as local offices in São Paulo, Hong Kong, Turkey, and Australia, and has established one of the most comprehensive compliant licensed fintech company systems worldwide.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
