This marks the latest move by a global crypto giant to secure a foothold in South Korea, following Binance's acquisition of Gopax.

This marks the latest move by a global crypto giant to secure a foothold in South Korea, following Binance's acquisition of Gopax.

The crypto exchange's investment arm and Korea Investment & Securities will each invest KRW 80 billion ($53 million) as Coinone pushes into stablecoins and tokenized securities.