OKX and Korea Investment & Securities are reportedly in talks to acquire stakes in South Korean crypto exchange Coinone.

South Korean crypto exchange Coinone said it was in discussions with multiple firms over potential strategic investments, but no agreement has been finalized, a

OKX aims to acquire a 20% stake in Coinone, enhancing its position in South Korea's crypto exchange market amid regulatory changes.

OKX's planned move into the South Korean market would echo that of Binance which completed its acquisition of Seoul-based GOPAX last year.

OKX and Korea Investment & Securities are reportedly in talks to acquire stakes in South Korean crypto exchange Coinone.