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Global crypto exchange OKX is in discussions to acquire approximately a 20% stake in Coinone, one of South Korea’s five licensed crypto exchanges, according to a May 15 report by Yonhap News Agency — a move that would mark OKX’s most significant strategic foothold in one of Asia’s most active digital asset markets. Related Reading: […]
Read full articleOKX has moved closer to securing a major foothold in South Korea after entering talks to acquire a substantial stake in local crypto exchange Coinone alongside Korea Investment & Securities. According to Yonhap News Agency, OKX and Korea Investment &…
The post OKX Eyes A 20% Stake In South Korean Exchange — Here’s What It Signals For The Region appeared on BitcoinEthereumNews.com. OKX Eyes A 20% Stake In South Korean Exchange — Here’s What It Signals For The Region | Bitcoinist.com Sign Up for Our Newsletter! For updates and exclusive offers enter your email. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/okx-eyes-stake-in-sk-exchange-what-signals-region/
The post Could Korea’s social agenda cool the world’s hottest market? appeared on BitcoinEthereumNews.com. South Korea’s transformation over the past year has been nothing short of remarkable. The KOSPI has evolved from one of the developed world’s most overlooked equity markets into the single hottest destination for global capital. This shift reflects far more than investor sentiment: it signals a fundamental reappraisal of Korea’s role in the global economy. In 2025, the KOSPI delivered a staggering 75% annual return, making it the best-performing major stock index in the world. Rather than cooling off, the momentum accelerated into 2026. By mid May, the benchmark had already gained another 88% year-to-date, massively outperforming most global peers, as Seoul continued to attract waves of foreign capital and retail speculation. While most of the rise of the KOSPI since 2025 has been driven by artificial intelligence, there are other important social and political factors to take int
Intel, along with Taiwan and South Korea, are the latest winners, our columnist says. True diversification is hard to find.
The post Korea Investment And OKX In Talks To Acquire Stakes In South Korean Exchange Coinone appeared on BitcoinEthereumNews.com. Korea Investment And OKX In Talks To Acquire Stakes In South Korean Exchange Coinone Skip to content Home Crypto News Korea Investment and OKX in Talks to Acquire Stakes in South Korean Exchange Coinone Source: https://bitcoinworld.co.in/korea-investment-okx-coinone-stake-talks/
The post XRP Tops on Upbit as South Korea’s “Big 4” to Acquire $670M Stake in Dunamu appeared on BitcoinEthereumNews.com. Hana Financial Group on Friday said it will acquire a 1 trillion won ($670 million) stake in Dunamu, operator of South Korea’s largest crypto exchange Upbit, through its subsidiary Hana Bank, South Korea’s “Big 4” bank. XRP surpasses BTC in trading volume on XRP Upbit amid the major announcement. South Korea’s Hana Bank to Buy $670 Million Stake in Upbit Operator Dunamu South Korea’s Hana Financial Group on May 15 decided to buy a stake in the country’s top crypto exchange operator Dunamu for 1 trillion won ($670 million). It marks the largest-ever investment by a bank into a crypto exchange operator. On the same day, Hana Bank’s board of directors resolved to acquire 2,284,000 shares of Dunamu held by Kakao Investment. With the acquisition, Hana Bank will secure its position as the fourth-largest shareholder with a 6.55% stake in Dunamu. “This equity investment is
Bullish stock dropped in trading with the crypto exchange’s first-quarter earnings miss, adding to the crypto companies that have underperformed in the quarter.
The deal signifies a pivotal shift in South Korea's financial landscape, highlighting increased institutional acceptance of digital assets. The post Upbit operator Dunamu lands Hana Bank as fourth-largest shareholder in $670 million deal appeared first on Crypto Briefing.
