OKX: Joins KIS to Buy 40% of Coinone

OKX and Korea Investment & Securities are jointly taking a 40% stake in Coinone for an estimated 500 to 600 billion KRW, with each securing 20% through new shares while founder control stays intact. The alliance will roll out STO platforms, corporate crypto investment tools and prime brokerage services by merging OKX global infrastructure with KIS traditional finance reach. This move signals regulators easing the wall between banks and crypto, accelerating competition among brokerages for Web3 dominance and Bitcoin ecosystem growth in Korea.