Over the last 30 days, Coinone's total volumes were $3.8B ($45.9B annualized). Volumes were up 111% compared to the previous 30 day period. On a relative basis, Coinone outperformed other centralized exchanges (up 27%) and total volumes (up 26%) over the same period.
Korean financial institutions, including those investing in Coinone, are aggressively pursuing stakes in local crypto exchanges as part of South Korea's broader move toward institutionalizing won stablecoins. This reflects a growing institutionalization trend in the Korean crypto market despite relatively low trading volumes compared to the stock market.
Korea Investment & Securities and OKX Ventures each acquired approximately 20% stakes in Coinone, becoming joint third-largest shareholders and diversifying the exchange's ownership with both domestic and international investors. The investments total around $53 million each, signaling increased institutional interest and strategic collaboration on security, stablecoins, and security tokens.
Coinone, a centralized exchange established in 2016 in South Korea 🇰🇷, supports 505 assets and 505 markets. It ranks 51 in terms of volume among All Exchanges and 41 among Centralized Exchanges over the past 90 days.
Coinone, a centralized exchange established in 2016 in South Korea 🇰🇷, supports 505 assets and 505 markets. It ranks 51 in terms of volume among All Exchanges and 41 among Centralized Exchanges over the past 90 days.
Over the last 30 days, Coinone's total volumes were $3.8B ($45.9B annualized). Volumes were up 111% compared to the previous 30 day period. On a relative basis, Coinone outperformed other centralized exchanges (up 27%) and total volumes (up 26%) over the same period.
Korean financial institutions, including those investing in Coinone, are aggressively pursuing stakes in local crypto exchanges as part of South Korea's broader move toward institutionalizing won stablecoins. This reflects a growing institutionalization trend in the Korean crypto market despite relatively low trading volumes compared to the stock market.
Korea Investment & Securities and OKX Ventures each acquired approximately 20% stakes in Coinone, becoming joint third-largest shareholders and diversifying the exchange's ownership with both domestic and international investors. The investments total around $53 million each, signaling increased institutional interest and strategic collaboration on security, stablecoins, and security tokens.
