Coinone Sale Sparks Coinbase Investment Speculation

Coinone Sale Sparks Coinbase Investment Speculation - Invest In Crypto News

Coinone, one of a handful of regulated South Korean cryptocurrency exchanges, is reportedly up for sale, with both local financial institutions and foreign exchanges among the rumored bidders. The company has begun a process to sell the stake held by chairman Cha Myung-hoon, who controls 53.4% of the company, local news agency Seoul Economic Daily reported on Sunday. “We are discussing partnerships, including equity investments, with overseas ex…

South Korea crypto chief weighs stake sale with Coinbase interest

South Korea’s third-largest cryptocurrency exchange, Coinone, is exploring a potential partial sale of its controlling stake, drawing interest from Coinbase, the US crypto exchange giant. The discussions come amid a broader wave of consolidation in the nation’s digital asset industry.  Chairman Cha Myung-hoon, who holds roughly 53.44% of Coinone’s shares through personal holdings and his company, The One Group, is reportedly reviewing options to…

Coinone Explores Potential Sale Amid Korea Crypto

South Korea’s third-largest cryptocurrency exchange, Coinone, is exploring strategic options, including a potential sale, according to Seoul Economic Daily on Monday, Jan 26. The move places one of the country’s major exchanges at the center of a growing consolidation trend in the domestic crypto market. 🇰🇷Coinone Put Up for SaleKorea’s No.3 crypto exchange @CoinoneOfficial has been put up for sale, with Chairman Cha Myung-hoon considering se…

South Korea’s Coinone plans majority stake sale, Coinbase linked to deal: report

Coinone is reportedly in talks to sell part of its controlling stake as speculations around a possible Coinbase investment emerge.

Coinbase to Invest in South Korean Crypto Exchange Coinone

Coinbase weighs a Coinone equity stake as South Korea crypto exchange deal activity accelerates under tighter regulation. Coinone losses pressure valuation even as tech upgrades and market share gains attract global exchange interest. Korea crypto exchange consolidation grows as banks, tech firms, and global players seek licensed won trading access. Coinbase is weighing a potential equity investment in South Korea’s Coinone as deal activity inte…

Coinbase reportedly interested in acquiring South Korean crypto exchange Coinone

South Korea’s third-largest crypto exchange, Coinone, is reportedly looking to sell part of its chairman’s stake, with Coinbase named as a potential participant in the early talks. According to a Seoul Economic Daily report citing a company representative, Coinone plans…