OKX Ventures Buys $53M Stake in Korea’s Coinone Exchange

Coinone’s investment arm and Korea Investment & Securities will each invest KRW 80 billion (approximately $53 million) to support the South Korean crypto exchange’s push into stablecoins and tokenized securities. The combined KRW 160 billion (around $106 million) commitment highlights ongoing development around blockchain-based financial products in the country.

Investment Overview

The planned investments from Coinone’s investment unit and Korea Investment & Securities, one of South Korea’s largest brokerages, are intended to advance initiatives related to stablecoins and tokenized securities. Specific deployment details were not disclosed, but the capital is positioned to back infrastructure, products, or partnerships aligned with Coinone’s expansion strategy.

Strategic Context

Coinone is one of South Korea’s major cryptocurrency exchanges. Expanding into stablecoins—digital assets designed to maintain a stable value, often pegged to fiat currencies—and tokenized securities—traditional financial instruments issued and recorded on blockchain rails—could diversify its offerings and connect more directly with conventional capital markets activity.

South Korea’s Regulatory Backdrop

Seoul has been developing a regulatory framework for digital assets and has issued guidance for security token offerings, laying groundwork for the issuance and distribution of tokenized securities by licensed financial institutions. Moves by established brokerages such as Korea Investment & Securities to participate in tokenization efforts reflect growing alignment between crypto-native firms and traditional finance under evolving rules.

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