OKX said to pursue 20% stake in South Korean crypto exchange Coinone

The post OKX Eyes Major Stake in South Korea’s Coinone Exchange appeared on BitcoinEthereumNews.com. The post OKX Eyes Major Stake in South Korea’s Coinone Exchange appeared first on Coinpedia Fintech News Crypto exchange OKX is reportedly discussing a strategic investment in Coinone, South Korea’s third largest cryptocurrency exchange, according to Yonhap News. OKX and Korea Investment & Securities may each acquire roughly 20% stakes through a new share issuance deal. Coinone confirmed ongoing talks with several firms regarding potential equity partnerships but said no agreement has been finalized. The move could strengthen OKX’s presence in South Korea’s tightly regulated crypto market while boosting Coinone’s competitiveness against larger domestic rivals amid rising institutional digital asset interest globally. Source: https://coinpedia.org/crypto-live-news/okx-eyes-major-stake-in-south-koreas-coinone-exchange/

The post Upbit Postpones IRYS Listing By 30 Minutes appeared on BitcoinEthereumNews.com. South Korean cryptocurrency exchange Upbit has announced a brief delay in the listing of Iris (IRYS). The start of trading, which was originally scheduled for 11:00 a.m. UTC today, has been pushed back to 11:30 a.m. UTC. Revised Trading Schedule The delay, confirmed via an official notice on Upbit’s platform, is a 30-minute postponement. While the exchange did not immediately provide a specific reason for the change, such adjustments are not uncommon during the initial listing process, often related to final technical checks or order book preparation. Traders who had prepared for the original time are advised to adjust their strategies accordingly. What This Means for Traders For those looking to trade IRYS, the key takeaway is the updated timeline. The delay is short, but it can impact short-term trading plans, especially for those using automated bots or aiming to be among the first to execute tr

OKX is reportedly seeking a 20% stake in South Korean crypto exchange Coinone as foreign and domestic firms compete for market access.

OKX 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/

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: […]

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