The CEO of South Korean exchange Coinone is in talks with gaming company Com2u S Holdings to sell shares in the company
On August 16th, Myung-hoon Cha, the CEO of South Korean cryptocurrency exchange Coinone, is in talks with Com2uS Holdings, a mid-sized gaming company, about selling shares in the company. As of the end of last year, Che held a total of 53.46% of the shares, including private company The One Group (34.31%) and his own holding (19.15%). Com2uS Holdings accounted for 21.95%, and Com2uS Plus accounted for 16.47%. Com2uS Plus is a 100% subsidiary of Com2u SHoldings. Through this equity acquisition, Com2u SHoldings is expected to become the largest shareholder of Coinone. In addition, Coinone CEO Che Myung-hoon informed Com2u SHoldings that he will resign as the head of Coinone.