OKX has been exposed to plan to invest in the Korean exchange Coinone together with Korea Investment&Securities, possibly buying 20% equity each. The rumor in today's group has been traced back to The Block and has not yet been officially confirmed by OKX. Recently, the cryptocurrency market has been relatively cold but the stock market has been hot. Koreans are also rushing like crazy, which is the uniqueness of the Korean market. It has a very active retail group, a mature Korean won trading market, and strict local regulatory barriers. Exchanges mean fiat channels, user traffic, and local license resources, and their value is not just a platform for matching buying and selling. What are the largest exchanges in South Korea based on user volume, trading volume, and overall brand value Upbit > Bithumb > Coinone > Korbit > GOPAX。 Today, Hana Financial announced that it will purchase approximately 6.55% of the shares of Dunamu, the operator of South Korea's largest exchange Upbit, for about $665 million, with an overall valuation of $10.152 billion. Traditional financial giants are accelerating their entry into the crypto market. OKX is rumored to be investing in third place Coinone, while fifth place Gopax has already been acquired by Binance Capital in 2025.