Korea Investment & Securities Considers Coinone Stake Amid South Korea Crypto Ownership Reform

Korea Investment & Securities (KIS) is reportedly reviewing a potential investment in crypto exchange Coinone, according to local media reports. Sources familiar with the matter said KIS has begun engaging with regulators and policymakers as part of early discussions tied to a possible stake purchase.

Coinone confirmed that no final agreement has been reached, indicating that negotiations remain at a preliminary stage. The reported talks reflect growing interest from major financial institutions seeking exposure to the digital asset market.

Proposed Ownership Cap Could Drive Stake Sales

The potential investment comes as South Korea considers introducing a 20% ownership cap for major shareholders in domestic cryptocurrency exchanges. If approved, the rule would require significant restructuring across the industry.

Coinone Chairman Cha Myung-hoon, who controls about 53.44% of the exchange, may need to reduce his holdings to comply with the proposed law. Exchanges would reportedly have three years to adjust ownership structures after enforcement.

Growing Competition Among Financial Institutions

KIS, which recorded over 2 trillion won ($1.3 billion) in net profit in 2025, would join competitors expanding into crypto services. Rival Mirae Asset Group previously agreed to acquire a controlling stake in exchange Korbit, highlighting increasing institutional participation in South Korea’s evolving crypto market.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.