TechFlow news, August 20 — According to IT Chosun, Coinone CEO Cha Myung-hun denied rumors of ongoing talks with gaming firm Com2uS Holdings over the sale of company shares. As of last year, Cha held a total of 53.46% of Coinone's shares through his personal company, The One Group, as well as individual holdings. Earlier market speculation suggested that if a deal were reached, Com2uS would become Coinone’s largest shareholder; however, representatives from both companies have now denied such reports.
Previous media reports claimed that Coinone CEO Cha Myung-hoon was in negotiations with mid-sized game developer Com2uS Holdings regarding the potential sale of shares in the exchange.
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