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Crypto

Coinone becomes latest crypto exchange target in stake-buying race after Dunamu

Moves by South Korean financial firms to secure stakes in digital asset exchanges are accelerating as expectations grow that the separation of finance and digital assets may ease. Coinone held a signing ceremony for a strategic equity investment deal with Korea Investment Securities, OKX Ventures and Com2uS Holdings. Korea Investment Securities and OKX Ventures will each acquire 20 percent. The deal reshapes Coinone’s ownership while keeping CEO Cha Myung-hoon as the largest shareholder.

Crypto

Samsung Securities, Samsung SDS and Samsung Card to buy 4% stake in Dunamu

Samsung Securities, Samsung SDS and Samsung Card will expand cooperation in digital asset businesses through an equity investment in Dunamu. The three companies said on May 28 they decided to acquire 1.39 million shares, equal to a 4.0 percent stake in Dunamu, for 612.8 billion won from shares held by a Kakao affiliate. Samsung Securities will take 2.0 percent, Samsung SDS 1.0 percent and Samsung Card 1.0 percent.

Finance

KOSPI nears 8,000 as AI moves into financial front lines

South Korea\'s KOSPI keeps setting record highs, rising well above 7,000 and nearing the 8,000 mark as foreign buying focuses on large-cap semiconductor and AI shares. The rally is also linked to expectations for government policy and global liquidity, although several factors are seen as potential volatility risks. Investor money is shifting into policy funds, ETFs and tax-saving accounts, while banks expand corporate finance and strategic tie-ups. AI adoption is spreading across financial services.