Coinbase considers Coinone equity as Korea exchange deals intensify; Cha holds 53.44%

Coinbase is evaluating an equity investment in Coinone as the Korean exchange explores a partial sale of its controlling shareholder's stake. A local outlet said on Sunday that scenarios involve Chairman Cha Myung-hoon, who controls 53.44% via The One Group, while industry sources expect a Coinbase visit to South Korea this week.