Kobit and Coinone Backed by Major Securities Firms...Digital Assets Enter 'Financial Competition Season 2'

Domestic securities firms are accelerating their entry into the digital assets ecosystem, marking a new transition for virtual asset exchanges. Kobit and Coinone have both finalized major shareholder changes, entering the 'Securities Era' with support from large securities firms. Industry observers note the start of 'Digital Assets Season 2,' where virtual asset exchanges transition from mere trading platforms to integrated financial systems. On June 23, Coinone confirmed completion of its major shareholder change with the Financial Information Unit (FIU), strengthening governance and operational stability with new shareholders like Korea Investment Securities and OKX Ventures. Kobit also finalized its merger with Mirae Asset Group, positioning itself as a new leader in the virtual asset space. Industry experts highlight the symbolic significance of securities firms becoming major shareholders, emphasizing their risk management expertise and potential to boost institutional and retail investor trust. Analysts predict a new competitive phase in the domestic digital asset market, shifting focus from fee competition to financial services expansion, investor trust, and ecosystem development.