[One of South Korea's Largest Brokerage Firms, Korea Investment Securities, Plans to Acquire Shares in Coinone] According to Deep Tide TechFlow on April 3, South Korea's Herald Economy reported that Korea Investment Securities, a leading brokerage firm in South Korea, is conducting preliminary reviews regarding the acquisition of shares in Coinone, the country's third-largest cryptocurrency exchange. The firm is currently working on persuading financial regulatory authorities and the National Assembly's Political Affairs Committee, following a similar path to Mirae Asset Group's acquisition of Korbit. Coinone's current CEO, Cha Myung-hoon, holds 53.44% of the shares, but upcoming regulatory changes may set a cap on major shareholders' holdings at 15%-20%, creating an entry window for external buyers. Although Coinone has increased its market share to double digits, it has recorded operating losses for three consecutive years. Previously, other domestic companies expressed interest in acquiring Coinone, but significant price disagreements prevented a deal from being reached. Industry insiders suggest that if Korea Investment Securities acquires approximately 20% of the shares, it would not affect Cha Myung-hoon's management rights. The specific price has yet to be determined, and the process remains in its early stages. Coinone stated that it has recently received multiple collaboration proposals but has not yet finalized the specific cooperation model, method, or partner. The market expects that the previous Mirae Asset acquisition of Korbit for approximately 133 billion Korean won will serve as a pricing benchmark for this transaction.