OKX to Acquire 20% Stake in South Korea’s Coinone Crypto Exchange

OKX is reportedly planning to buy a 20% stake in South Korean crypto exchange Coinone.

The move fits OKX’s global expansion strategy and offers a potential regulated entry into a tightly controlled market.

For Coinone, the deal could bring added liquidity, technology support, and broader international reach.

The stake would position OKX in one of Asia’s key crypto markets, where local regulation is strict and competition is intense.