Korea Investment & Securities considers acquiring shares of the cryptocurrency exchange Coinone

2026-04-03 06:45:18

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ME News update, April 3 (UTC+8). Korea Investment & Securities is considering acquiring a stake in digital asset exchange Coinone to respond to a future deal in which its competitor Mirae Asset Group plans to acquire Korbit. Korea Investment & Securities is currently in discussions with financial regulators and politicians, and so far it has not reached agreement with Coinone representatives on specific terms. Coinone is the third-largest cryptocurrency exchange in South Korea, with a market share in the double digits, but it has been loss-making for three consecutive years. The financial regulators are moving forward with limits on the holdings of major shareholders in exchanges, and some of the shares expected to be sold out of the 53.44% stake held by Coinone representatives. Korea Investment & Securities has previously been relatively inactive in the digital asset space; this acquisition would make it a “game changer.” Coinone says that the specific cooperation model or counterparty has not been determined yet. (Source: ChainCatcher)

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