Coinone
NO.53South Korean crypto exchange supporting spot and smart trading
Disclosure
Token Information Disclosure
Trading Data Analysis
$119M
$134M
Asset & Security Disclosure
Platform Information Disclosure
Asset List
| Token | 24H Volume | 7D Volume % | Transparency Rating | Label |
|---|---|---|---|---|
| U USDTTether | $36,608,551,912 | 0.01% | A | |
| B BTCBitcoin | $17,924,819,548 | 2.36% | A | |
| U USDCCircle | $8,937,278,044 | 0.01% | A | |
| E ETHEthereum | $7,743,204,930 | 5.63% | A | |
| X XRPRipple | $1,232,127,148 | 7.80% | A | |
| B BNBBinance | $1,115,833,747 | 4.52% | A | |
| N NEARNEAR Protocol | $648,988,547 | 14.80% | A | |
| D DOGEDogecoin | $542,817,621 | 8.59% | B |
Fundraising
About Coinone
Coinone, launched in 2017, is one of South Korea's five licensed virtual asset service providers (VASPs). In its early years, it established a stable trading platform and secured regulatory approval, laying the groundwork for its long-term presence in the Korean market.
A pivotal moment came in 2023 when Coinone sought to sell a portion of its shares, signaling a strategic shift to attract external capital and strengthen its competitiveness. This led to Korea Investment & Securities considering an acquisition, and later OKX Ventures joining the deal.
In May 2026, Korea Investment & Securities and OKX Ventures each invested 80 billion won to acquire a 19.6% stake in Coinone, marking the largest single investment by a global crypto giant in Korea's digital asset sector. This reshaped the ownership structure, with CEO Cha Myung-hoon retaining the largest stake and Com2uS Holdings becoming the second-largest shareholder.
Earlier, in 2025, Coinone faced regulatory action from the Financial Intelligence Unit (FIU) for violating anti-money laundering obligations, resulting in a three-month business suspension and fines. Coinone sued the FIU to halt the penalties, highlighting the growing tension between innovation and compliance in Korea's crypto industry. These events underscore Coinone's evolution from a domestic exchange to a key player navigating regulatory challenges and global partnerships.
Myunghun Cha (co-founder, served as CEO from 2014 to 2025, now Chairman of the Board; ex-White Hat hacker, Forbes 30 Under 30 Asia 2018).
Seonghyun (Sean) Lee (current CEO, joined as COO in Jan 2025, appointed co-CEO in Feb 2025, sole CEO since Aug 2025; ex-Bain, ex-Citi, MBA from NYU Stern).