[OKX Confirms $53 Million Investment to Acquire Nearly 20% Stake in South Korean Crypto Exchange Coinone] According to The Block, OKX's investment arm, OKX Ventures, announced today that it will acquire a 19.6% stake in South Korean licensed cryptocurrency exchange Coinone. As stated in the press release, Coinone has signed a strategic equity investment agreement with OKX Ventures, Korea Investment & Securities, and Com2uS along with its affiliates. OKX Ventures and Korea Investment & Securities will each invest 80 billion KRW (approximately $53 million). Upon completion of the investment and regulatory approval, the two companies will each hold a 19.6% stake in Coinone, becoming the joint third-largest shareholders, following Coinone CEO Cha Myung-hun (27.8%) and Com2uS Holdings and its affiliates (25%).