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Korean cryptocurrency exchange Coinone's major shareholder is considering selling part of its stake

2 hours ago

January 26 — According to the Seoul Economic Daily, Cha Myung-hoon, major shareholder and chairman of South Korean crypto exchange Coinone, is weighing a partial stake sale. He holds a combined 53.44% of Coinone’s shares via his personal firm The One Group (3.430% ownership) and direct personal holdings (19.14%). Coinone-affiliated sources noted the exchange is in talks with overseas exchanges and domestic financial institutions about equity investment and other partnership opportunities, though specific details remain unconfirmed.
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