Key Takeaways
Coincheck Group is acquiring 3iQ, a Canadian digital asset manager, for $112 million.
This acquisition involves a stock purchase agreement, granting Coincheck 97% ownership of 3iQ.
Share this article
Nasdaq-listed Coincheck Group NV, which operates one of Japan’s leading crypto exchanges, has entered into an agreement to acquire 97% of Toronto-based digital asset investment manager 3iQ, according to a Thursday press release.
The deal, valued at approximately $112 million, involves the exchange of shares owned by Monex, Coincheck Group’s majority shareholder, for newly issued ordinary shares of Coincheck Group.
The acquisition, expected to close in the second quarter of 2026, aims to expand Coincheck Group’s global presence and enhance its digital asset offerings. The transaction also includes provisions for acquiring the remaining shares from 3iQ’s minority shareholders, aiming for 100% ownership.
-1024x768.jpg "Red Snapper Used as Cudgel by Fed Judge")
-1024x683.jpg "America’s 250th Birthday Bash Embroiled in Controversy")
