Episode
OKX Enters Korean Crypto Market
- Published
- May 29, 2026
- Duration seconds
- 114
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Summary
South Korea’s crypto scene just got a major upgrade as Coinone secures a $106 million investment from heavyweight players Korea Investment & Securities and OKX Ventures—grabbing nearly 20% stakes. This landmark deal bridges traditional finance and digital assets in one of the world’s most regulated crypto markets, with OKX making its first direct entry into Korea’s strict ecosystem. Despite regulatory approval pending, CEO Myung-Hun Cha retains control, while OKX positions itself as a compliant infrastructure builder. The move confirms earlier rumors and aligns with South Korea’s tightening crypto rules—especially around AML and tokenized securities—opening doors for traditional firms to play a bigger role in the future of digital finance. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/d7bc6b83ecef33b9